The Biden Administration announced a $1 billion program to incentivize “independent processing capacity” in the meat industry. Noting the irony of U.S. policy concurrently criticizing state-driven enterprise in China, the major meat packers responded with some pointed questions: • How much extra fabrication capacity is needed? • How high should cattle prices be? • How long will “independent” processors be subsidized? • How much will these new government paid packers be required to pay employees? (labor is the biggest challenge confronting the industry) This is not to say that imperfect competition does not exist in agrifood or in any other industry. Researchers in Canada and the U.S. examined...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.