A pending issue before U.S. FDA is whether plant-based foods such as soy milk, almond milk and rice milk can be called “milk,” and a similar fight is occurring elsewhere in the meat alternative category. In a Name A pending issue before U.S. FDA is whether plant-based foods such as soy milk, almond milk and rice milk can be called “milk.” Dairy producers, who have been hit by low prices, are insisting that milk must come from the udder of a cow. Plant-based alternatives have likely expanded market share but remain a very small fraction of dairy sales.Instacart says consumer Internet search for the term non-dairy was up 222 percent last year, although actually finding a product that tastes good is much harder. The dairy alternative called...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
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.