Politics and Food Safety Considering food security concerns, a majority on the EU Council has asked the Directorate for Health and Food Safety to provide additional data and analysis on the impact of the proposed sustainable use of plant-protection products (SUR). The directive includes a politically chosen target of a 50 percent reduction in the risk and use of chemical pesticides by 2030. However, Russia’s invasion of Ukraine has elevated concerns that pesticide reductions could now threaten food security. The head of the Directorate, Stella Kyriakides, responded that:
She will comply with the request. The analysis will be “difficult and complicated.” She does not want this examination to delay implementation of th...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...