Selective Efficiency Hampton Creek, the artificial foods maker, has announced a new product. It had earlier purchased its own fake mayonnaise from grocery stores, purportedly as a food safety initiative but investigated as a possible effort to sway its stock price. The company says it will produce a cultured meat because “Animal agriculture is a relatively inefficient way….” It is true that Mother Nature does not produce “efficiently” solely for human benefit, and that is why humans have been intentionally modifying plants and animals for thousands of years. What is notable is that Hampton Creek’s first product will be simulated poultry, which is perhaps the most efficient livestock product in the mark...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...