A decision by the U.S. Supreme Court regarding ink cartridges could have implications for GM seeds and many other products, and its refusal to hear a case brought against a California requirement is likely to also have a wider effect. Interpreting the News Lexmark Fallout: The U.S. Supreme Court ruled that Lexmark cannot control the use of its ink cartridges once they’ve been sold to consumers. The case could be used as a precedent in the licensing requirements for GM seeds and many other products.Balkanized Food: The U.S. Supreme Court refused to hear a case challenging California’s requirement that eggs produced in the state as well as those produced in other states and shipped into California must be created using the same produc...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.