World Perspectives
wheat

Timidity in a Brave New World

American farmers like to think they are innovative but when it comes to GMO wheat, it was Argentina that was the first mover. Bioceres’ drought resistant wheat has now been approved in Argentina, Australia, Brazil and the U.S. Given the impacts of climate change, it is likely to find approval in many other countries. Credit should be given to Argentina for taking the risk.  Argentina is not the largest wheat exporter, but it had more to lose than some of their competitors. U.S. wheat farmers are dependent on export markets for 45 percent of their wheat, versus nearly 70 percent for their Argentine counterparts. Yet, U.S. wheat told the seed companies to not go GM unless they first got approval in most major wheat importing count...

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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.

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