World Perspectives

GMO Battle Ahead; GMO Barrier to Trade

GMO Battle Ahead The future of farming, which is to say producing enough food under the duress of climate change and with less burden on the environment will require more rapid genetic changes to plants. This requires embracing new breeding techniques and that is well understood by some EU policymakers. Thus, it was no surprise today when the EU Commission released its year-long study of novel genomic techniques (NGT’s) and concluded some are safe and should not be burdened by the existing novel foods directive. Since the European Court of Justice (ECJ) ruled almost two years ago that NGT’s fall under the novel foods directive, this means the law has to be changed, and that will not be easy.  The problem is that the study...

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Summary of Futures

Jul 25 Corn closed at $4.3875/bushel, up $0.0525 from yesterday's close.  Jul 25 Wheat closed at $5.345/bushel, down $0.075 from yesterday's close.  Jul 25 Soybeans closed at $10.5775/bushel, up $0.0175 from yesterday's close.  Jul 25 Soymeal closed at $295.9/short ton, up $0.4 f...

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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