There is a widely-shared consensus that agricultural markets will continue to face the challenge of matching ever-growing demand with increased production. How to get there is met with much more divergence. On the one end, there are those who strongly believe that small-scale, local agricultural production systems supplying local markets is the most sustainable away to accomplish sufficient supply. On the other end, you will find those who believe that a system of globalized and integrated agricultural value chains is the most appropriate way to meet the world's need for food, feed, fiber and renewable fuels. At today's Organisation for Economic Co-operation and Development (OECD) event on the outlook of global agricultural markets here in...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.