World Perspectives

GMO Opt-Out Trouble; TPA Vote; Precaution Fix

There has been plenty of analysis detailing how neither Washington nor Brussels has a monopoly on the imposition of precaution in product risk assessments – the problem is the disparate application by the two parties. GMO Opt-Out Trouble The EU executive thought allowing individual member states to opt out from using any approved GMOs would solve problems with the current approval process. However, members of the European Parliament have signaled the plan will not work. Opposition came from several angles, including the lack of an impact analysis, the fragmentation of the common market and a demand that GMOs simply be rejected for all of Europe if there was a simple majority against them. The proposal is now off the table for the time bei...

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Recent Market Volatility Increases Futures Mispricing

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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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