Picking a Venue There are real risks to the American economy from Mexico’s ban on GM corn for food and glyphosate. While most corn sold to Mexico is for animal feed and theoretically exempt, a small percentage of field corn goes into making cereal, corn starch, corn oil, and corn syrup that are used in food. The whole matter could devolve into a worse fiasco for the $1.1 trillion U.S. agrifood industry than the StarLink recall in 2000. StarLink had been approved for feed but not food use but was subsequently found in food. The only real choice for challenging the prohibitions by the Biden Administration is which venue to use. On the one-hand, the USMCA is more specific about procedures on GMO’s and science-based risk assessment...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.