With so many petty and small complaints, things must be not too bad in this world. So here are some small reactions to go along with them.Junk Science: The Center for Science in the Public Interest (CSPI) is demanding that USDA do more to enable non-genetically modified crops to coexist with genetically modified crops. USDA last month announced that it would be pursuing studies on the issue following recommendations from its AC21 advisory committee. But CSPI, being a science-based group and all that, wants actions first and studies later. USDA has to conduct studies because when the issue of coexistence was raised in the AC21 by anti-biotech representatives, it could not identify any actual instances of where coexistence was not working.B...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
Key Takeaways: India is excluding sugarcane juice, sugar syrup, and B-heavy molasses from its 2026/27 fuel ethanol procurement program to protect domestic sugar supplies, potentially shifting additional demand toward corn and rice. India’s corn consumption for ethanol has surged from jus...
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.