GEAC Issues New Permits to Allow GM Trials India's Genetic Engineering Appraisal Committee (GEAC) finally has permitted a few companies and research institutes to conduct field trials in the development of genetically modified castor, rice, corn, wheat and cotton for the 2013 khariff (summer) season. Clearances for another 53 field trials are pending with the GEAC.No permits for field trials were issued since the biotech eggplant moratorium was finalized three years ago, and a no objection certificate (NOC) requirement was added. Some states -- including Rajasthan, Maharashtra, Madhya Pradesh, Andhra Pradesh, Tamil Nadu, Odisha, Kerala and Punjab -- have issued NOCs to some companies and research organizations. Field trials can only be c...
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...
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.