Facebook Science It appeared at one point that the power of new genetic technologies to safely solve many problems would eclipse the influence of the anti-GMO campaigners, but they have not. Instead, these groups have potentially increased their use of social media to sour the public’s mood toward science. One pro-GMO entity points to the use of twitter bots in Mexico that tweet and then retweet anti-GMO messaging. Efforts by governments and social media platforms to control what is true and what is not are a failure. An effort to correct social media falsehoods on GMOs by University of Florida horticultural geneticist Kevin Folta reportedly ended up with him being warned he would be blocked by Facebook for posting such truths...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.