The U.S. FDA has collected public comments and now must decide what the term “natural” means on a food label.The U.S. FDA has collected public comments and now must decide what the term “natural” means on a food label. For some, the organic food production standards established in a back room by 12 people constitute natural. For others, using transgenics to modify plants is no more unnatural than the selective breeding techniques used by humans over millennia. Still others say that the FDA should define natural in accordance with what consumers think the term means, which according to an IFIC survey might come closest to the current definition of having no artificial or synthetic ingredients. Perceptions change over time, though, and someti...
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...