The U.S. rural credit entity Farmer Mac issued its quarterly report called The Feed, which indicates that wage rates have risen faster in production agriculture than in any other industry. It also notes that the result is an incentive for mechanization. Unsustainable Splintering The traditional food industry notes that activists have sown such distrust of the system in the public mind that its companies face a splintering into countless new upstarts and nontraditional channels. Even when industry tries to improve its processes such as with the New Poultry Inspection System, activists like Food & Water Watch try to undermine it with disparagement.Meanwhile, the so-called International Panel of Experts on Sustainable Food Systems (IPES-...
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...
From WPI Consulting
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.