Knuckleheads Aides to President Joe Biden charged U.S. meat packers with profiting off the pandemic and said they are going to “crack down on illegal price fixing.” The Administration had earlier said it would provide $500 million to expand meat packing capacity even though the constraint has been labor and not infrastructure. And if they have not been enforcing the law against price fixing, the question should be why not? Now the White House is adding $1.4 billion worth of COVID stimulus funds to help small meat packers and workers. The major meat packers responded by saying the White House is ignoring analysis already conducted by USDA that shows the problem was insufficient labor at packing plants causing a backup on...
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
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.