If one believes the organic industry, it produces more ethical food that is safer and more nutritious. Some in the organic community now want to incorporate animal welfare in their standards. Organic about Welfare If one believes the organic industry, it produces more ethical food that is safer and more nutritious and has the USDA seal of approval as proof. At the inception of the National Organics Standards Board, a panel of organic industry farmers and advocates who opine on what legitimately gets labeled "organic," USDA emphasized that it is only a marketing conduit. Now some in the organic community want to incorporate animal welfare in their standards. Last year, USDA reportedly blocked this additional requirement on the basis of co...
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...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.