GM Machinations While Europe remains bogged down policy-wise on how to handle divergent member state opinions on the planting of GM crops, the effort to derail the technology continues in the U.S. The "Just Label It" campaign by anti-GM activists is presenting to FDA a petition with nearly 1 million signatures that calls for the labeling of foods containing GMOs. Concurrently, 55 members of Congress have written to the FDA with the same request. Most of the Congressional signatories support efforts to reduce greenhouse gas emissions on the basis of a consensus of scientific opinion about man-made global warming, and yet reject the consensus scientific opinion as to GM's safety and the FDA's scientific opinion that materiality is essentia...
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
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.