There has to be a market for biotech or else there will be no premium for non-biotech/organic. The opportunity missed by conventional agriculture continues to be the soft underbelly of the organic approach, which lacked a scientific basis and thus had to be legislated into existence.
This week was like all previous weeks – dotted with media stories seeded by anti-food biotechnology zealots about the dangers of this modern agricultural production method. The failure to limit greenhouse gas emissions has been due both to economic reasons and skepticism about the science being presented. The full-on attack against food biotechnology has been similarly rooted with marketers of organic and non-GM foods funding the campaign also challeng...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...