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livestock

SNAP and Meat and Poultry Retail Demand

USDA released its updated food expenditure series this morning. Going into the farm bill and SNAP debate – and in light of the debt ceiling deal which makes some reforms to SNAP – the trend line of government spending on consumer food purchases is noteworthy for its steep increase since pre-COVID 2019. Two things stand out. First the trend line for government nutrition purchases since COVID – which includes traditional programs like SNAP and COVID relief spending. Second, the trend line of government nutrition program purchases since the 2014 farm bill – when other SNAP reforms and spending were made.     The 2018 farm bill called for an update of the benefits under SNAP by 2022. As we not...

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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.

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