A ban on GM ingredients in animal feeds passed Poland’s lower house of parliament and, if passed in the Senate, could disrupt the nation’s animal industries. Elsewhere, meteorologists are lowering La Nina’s impacts on Argentina’s crops. Poland Lower House Votes to Ban GM Ingredients in Animal Feeds in 2019. Poland’s lower house of parliament (Sejm) last week voted to allow the use of GM ingredients in animal feeds only until 1 January, 2019. The government previously proposed to allow GM ingredients for 4 more years. The vote in favor of the 2-year extension had 395 in favor, 15 opposed and six abstentions. The legislation now goes before the Senate for consideration.If the law is approved and implemented it will cause great problems for...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
From WPI Consulting
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.