The politicization of agriculture in Europe continues with a report by Reuters that the EU will not be extending the approved use of glyphosate through 2031 with opposition from France and an abstention in the vote by Germany. Mandatory QR Regarding the issue of GMO labeling, we opined on 1 March that, “One alternative is to require that the industry make the information available via the Internet, which it already intends to do.” Now it is reported that USDA Secretary Tom Vilsack is prepared to pursue a mandatory GMO labeling scheme that “would look like the SmartLabel initiative launched by the food industry last year.” We will push this one step further and suggest that the same specific information regarding process by product s...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...