The food police, as Jayson Lusk at Oklahoma State likes to call them, are hoping that Mexico's newly enacted tax on sugary soft drinks will successfully serve as the proof needed to drive adoption of a similar tax policy in the U.S. Sin Tax on Food The food police, as Jayson Lusk at Oklahoma State likes to call them, are hoping that Mexico's newly enacted tax on sugary soft drinks will successfully serve as the proof needed to drive adoption of a similar tax policy in the U.S. However, consumption and economics are very different in the two countries. Soft drink consumption is higher in Mexico at the same time there is greater elasticity in food demand since it takes a higher share of a lower income. According to Economic Research Service...
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: 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...