U.S. Industry Joins Canadians in COOL Lawsuit A group of eight industry groups from the U.S. and Canada have filed a lawsuit in Washington D.C. The groups are American Meat Institute, American Association of Meat Processors, National Cattlemen's Beef Association, National Pork Producers Council, North American Meat Association, Southwest Meat Association, Canadian Cattlemen's Association and Canadian Pork Council. The lawsuit calls for stopping USDA from implementing the regulations on the Country of Origin Labeling (COOL) rule that was promulgated on 23 May. If the suit is successful, then the old rule, which is out of compliance with the World Trade Organization (WTO), is back in place and Canada and/or Mexico could initi...
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Unlike the 2022 fertilizer shock, today’s disruption is rooted less in rerouted trade flows and more in damaged production capacity, raw material constraints and uncertain recovery timelines. That makes this a longer-duration risk for U.S. agricultural producers and retailers who must sec...