The Observer reports Chinese President Xi Jinping declaring that his country must boldly pursue agricultural biotechnology and not allow foreign companies to dominate it. However, China is then holding back on introducing its own traits. Upside Down Incentives The Obama administration is turning Ronald Reagan's characterization of the government's economic management on its head. Reagan said that government approached economic activity as follows: "If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." USDA Secretary Tom Vilsack announced $52 million in federal grants to help "Grow Organic and Local Food Economies." USDA's own figures show that the organic food sector is expanding by 11 percent a year...
Key Takeaways: Sugarcane is the world’s largest crop by total production volume, surpassing major commodities such as corn, wheat, and soybeans, and supplies roughly 80 percent of global sugar production. Sugarcane’s perennial growth cycle allows farmers to harvest multiple crops f...
The Make America Healthy Again (MAHA) movement has reached a critical point after the Supreme Court ruled on 25 June that Bayer is shielded from state-level lawsuits because federal regulation does not require the company to warn of alleged cancer risks from such products. Thousands of "failure...
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.