USDA Secretary-designate Tom Vilsack was approved by the Senate Agriculture Committee today by a unanimous voice vote; his confirmation will soon move to the Senate floor, possibly this week. Yesterday, we wrote about electric vehicles and what that could do to liquid fuel consumption and thus ethanol. At today’s confirmation hearing, Republican Senator Joni Ernst of Vilsack’s home state of Iowa asked about the impact on fuel demand from the Biden Administration’s Executive Order calling for the federal government’s car fleet to add electric vehicles. She asked if USDA under Vilsack would be buying Telsa electric trucks, or E85 flex fuel Ford 350s. Vilsack responded that it’s not “either or”...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.