USDA Secretary Tom Vilsack told Iowa corn farmers last week that, “I pointed out to the President (AMLO in Mexico) that he’s also deeply concerned about people in his country, particularly those who are living on fixed incomes or small incomes, and if he doesn’t see the value of our yellow corn and biotech yellow corn coming into the country to feed livestock, he’s going to have higher food prices…That made an impression on him.” It is true that lower U.S. yellow corn prices help keep the cost of meat lower to Mexico’s majority low-income consumers, but this Biden Administration position continues to ignore the far broader adverse impacts of Mexico’s stated policy goals. First, the Secretary...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.