There were plenty of critics of the food system before the pandemic and the disruptions it caused prompted even more over-the-top accusations of total failure. The harshest critics have been those that have long focused on hunger. Never mind that hunger is caused by poverty not the food system, and poverty is the result of power and institutional failures, plus behavioral and structural limitations. The same critics who think it is easy to deliver to the world every single day of the year, 20 trillion calories of safe, healthy, nutritious, and affordable food have themselves long failed at fixing poverty. Just looking at the U.S., the pandemic introduced an initial shock whereby food service sales plummeted by nearly 50 percent while...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.