Border Wars Mexican President Andrés Manuel López Obrador (aka AMLO) brought a populist government into power and now instead of a Washington chief executive frustrating Mexico City it is the reverse. The AMLO regime wants to defend the peasant farmers in the south by reducing the technologies that outcompete them. There have been no new biotech trait approvals for two years, no glyphosate imports since November 2019, and there is a decree calling for the end to GM food corn and glyphosate. The goal is to make ancestral farming practices successful, but the plan poses a larger risk to the Mexican economy. The regime talks up food sovereignty and self-sufficiency but retains a nearly two to one trade surplus in food sal...
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.