One apparent impact from the repeal of COOL for beef and pork could be seen by reviewing the origin of feeder pig receipts. Among the 86,698 receipts, about 31.6 percent or about 27,697 of the total were from Canada. Final COOL Rule USDA’s Agricultural Marketing Service published the final rule for country-of-origin labeling (COOL) yesterday. The 2016 omnibus appropriations bill repealed COOL for beef and pork, both muscle cuts and grind, and USDA stopped its enforcement on 18 December. The action was of course due to the case brought against the COOL statute by Canada and Mexico in the WTO.COOL is still in place for chicken, lamb, goat, farm-raised and wild-caught fish/shellfish, peanuts, pecans, macadamia nuts and ginseng as well as per...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
From WPI Consulting
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.