The European Parliament approved a Nature Restoration Law that farmers say will cause the loss of farmland targeted for restoration as natural habitat. Meanwhile, the goal of reducing pesticide use by 50 percent and cutting fertilizer applications was supposed to be offset by deregulating new genomic techniques but now Germany and Austria have announced opposition to that plan. This comes on top of a war in Ukraine that has hit EU farmers with higher input costs and a flood of grain from Ukraine that depresses farm prices in some areas. Member states have diverted CAP resources toward managing the situation but Commission Vice President and top greening cheerleader Frans Timmermans says no additional funding is necessary for farmers to make...
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.
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...