JBS is back in the news this week as the company made two announcements; first, that it would be adding 300,000 head of capacity at its Omaha and Grand Island plants and second, that it would be increasing wages. The latter reflects the larger issue right now with beef slaughter – capacity can be expanded, but labor is short to run at even the current capacity. Monday’s total kill was 115,000 head, shorts of what is needed to catch up with cattle supplies, but that comes after Saturday’s unusually large run of 98,000 head trying to catch up after the impact of the cyber-attack disruption and short week after the Memorial Day holiday. This has become a routine of Monday’s being slow due to labor absences after Saturd...
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.
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...