The concern has always been that the mere fact that food products are required to be labeled as containing GM ingredients would be taken by the public as evidence that there is something to fear from GMOs.The labeling of certain consumer products to warn of some possible risk to those who use or consume those products has a long history. Governments contend that they have a responsibility to their citizens to require that product packages display warning labels if there is strong enough evidence to show that the product can pose a serious health risk. The warning labels for cigarettes and other tobacco products decreed by the U. S. and other countries are the best examples. It is estimated that more than 60 countries require warnings of som...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...