Some American cities and counties have attempted to ban the cultivation of GM crops within their jurisdiction, but China’s giant corn-growing province, Heilongjiang, will reportedly go a step further. Demagoguery and Anti-Science Some American cities and counties have attempted to ban the cultivation of GM crops within their jurisdiction, but China’s giant corn-growing province, Heilongjiang, will reportedly go a step further by banning the processing and sale of all imported GM crops effective 1 May. The authorities say they are unsafe. Countries supplying these crops to China could take the equally unscientific position of banning the import of all goods produced in geographic proximity to the coordinates 35.°0 N, 105°0 E for not being...
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...