World Perspectives

Tradition Tackles Progress; Data Confusion

Tradition Tackles Progress At least twelve EU member states are trying to block the introduction of lab-grown meat. The pretense is that such a product “raises ethical, economic, social, and public health questions” but the underlying rationale is that “These practices represent a threat to primary farm-based approaches and genuine food production methods that are at the very heart of the European farming model.” A diplomat interviewed by Euractiv provided a perspective that needs to be deeply considered in Brussels: First, “Identifying lab-grown meat as a threat seems highly exaggerated and premature.” And two, this kind of position “hinders the kind of innovation that is precisely necessary for s...

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FOB Prices and Freight Rates App (Updated 12 November)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

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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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