World Perspectives

GM Labeling Rule and Hemp Regulation Omissions

The adage that “the devil is in the details” has been borne out twice in the past week. These instances involved USDA’s new GM labeling rule and the new hemp regulation. GM Labeling – Not included in these new USDA labeling strictures, which will begin a two-year phase-in period on 1 January 2020, is a requirement that highly-refined ingredients be indicated. This would include fats from vegetable oils such as corn and soybeans as well as sweeteners from sugar beets and corn fructose. Soybeans, corn, and sugar beets have an adoption rate of 90 percent or more when it comes to genetic modification. The same is true for cotton as oil crushed from its seeds is also used in food products. The most common use of these c...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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From WPI Consulting

Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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