The politicization of agriculture in Europe continues with a report by Reuters that the EU will not be extending the approved use of glyphosate through 2031 with opposition from France and an abstention in the vote by Germany. Mandatory QR Regarding the issue of GMO labeling, we opined on 1 March that, “One alternative is to require that the industry make the information available via the Internet, which it already intends to do.” Now it is reported that USDA Secretary Tom Vilsack is prepared to pursue a mandatory GMO labeling scheme that “would look like the SmartLabel initiative launched by the food industry last year.” We will push this one step further and suggest that the same specific information regarding process by product s...
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.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...