After years of research and a lengthy regulatory approval process, Genus Pig Improvement Company (PIC) has received clearance from the U.S. Food and Drug Administration (FDA) for the gene edited PRRS-resistant pig (PRP) to be used in the U.S. food supply chain. Genus executives note this is a significant step toward commercialization in the U.S., however, approvals are still needed in key U.S. export markets, such as Mexico, Canada and Japan. The firm says it continues to make progress with regulators in these jurisdictions as well as with other international regulators, including China, Brazil, Colombia and, most recently, the Dominican Republic, where positive determinations for the PRRS-resistant pig have been approved. Colombia was the...
Key Takeaways: The EU's new deforestation regulations, taking effect 30 December 2026, could alter global soymeal trade through stricter traceability requirements and higher compliance costs. Brazil's complex supply chains are likely to complicate compliance with the new regulations, potential...
Beef packer margins improved to $89/head last week, up $53 from the prior week as declining fed cattle prices more than offset weaker beef cutout values. Fed cattle prices fell $3.35/cwt to $224/cwt while the Choice cutout declined $2.49/cwt to $366/cwt, improving packer profits. Despite the re...
The brewing West Coast port strike involving about 250 maritime watchmen, or approximately 2 percent of port employees, has been postponed until 5 November after the workers agreed to extend the strike deadline. The watchmen control and inspect truck and employee access at terminal gates. A sho...
From WPI Consulting
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.