Given that 70 percent of processed food in the U.S. may contain at least one ingredient from food biotechnology, there are at least three constitutional law reasons that could upend any mandatory labeling of genetically modified food. AGOA Dissected, Ignored The U.S. International Trade Commission released an assessment of the African Growth and Opportunity Act (AGOA), and it will surprise nobody if African governments fail to heed one of its important findings. Despite agriculture being identified as the best African export opportunity, shipments of these products to the U.S. under the nonreciprocal trade concessions of AGOA represent just 5 percent of non-petroleum sales, with the value of petroleum swamping the shipment of other goods...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...
From WPI Consulting
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.