World Perspectives
wheat

Too Good to be True

A second impact analysis on the EU’s Green Deal targets for agriculture has now been reviewed and still the policy is hung up as policymakers debate its future. Like the first go-around, EU analysts insist that a 20 percent reduction in fertilizer use, cutting pesticide use in half and setting aside 10 percent of land for biodiversity will not disrupt food security, production, or prices. Perhaps it is a case of when it seems too good to be true, it probably is.  Over-application of inputs can be a problem, particularly in less sophisticated farm operations where the interpretation may be that if a little bit is good, more must be better. But input costs deduct from profits and more competitive operators tend to use a cost-benef...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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