World Perspectives

EU Sobers Up

The EU’s political leaders have made dramatic policy reversals in recent days that reflect a more reasoned approach than in the past. As noted previously, they have scrapped some of the Green Deal/Farm to Fork requirements like quitting pesticides, and today the EU Parliament (EP) approved releasing NGT-1 products from the obligations of the Novel Foods Directive. This means that new crop traits developed through new genomic techniques and considered to be “indistinguishable” from conventional crops avoid the most burdensome requirements.  The EP voted approval (307 for, 263 against, 41 abstained) despite anti-GMO advocacy groups insisting that it would mean GMO’s released into use without any requirements for...

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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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