Macroeconomics Food Prices Fall Again But Pace Slows With the average prices for fresh vegetables climbing by 15.9 percent year-on-year in October, the cost of food was down by just 2.4 percent last month on an annual basis. That marked the fifth straight month of a decrease in the cost food. However, the decline was the smallest since June. Fresh fruit also saw an uptick in October after a drop in September with a modest increase of .5 percent. Storms and recent winter weather have raised costs of production of fruits and veggies. Meanwhile, the prices for cooking oil, dairy products, and eggs were up by 6.4 percent, 1.4 percent, and 12.6 percent, respectively. In contrast, pork prices continued to lead the overall decrease in food price...
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.