A small group of U.S. senators has expressed concern that the food industry’s SmartLabel initiative is inaccessible to the poor. However, there are at least three factors undermining their complaint. Feint on Food Labels A small group of U.S. senators has expressed concern that the food industry’s SmartLabel initiative, which enables consumers to learn infinite details about their food purchase options in the grocery store, is inaccessible to the poor. The technology relies on smartphone technology, which is owned by about 65 percent of Americans. There are at least three factors undermining their complaint: 1) the industry says that it will also provide access to the information at customer service desks; 2) printing the information on t...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.