The Hungarian government once destroyed GM crops and has claimed a desire to be the first EU country to completely ban their cultivation under the new authority proposed by Brussels. GMO Labeling Bill Legislation preempting state-level GMO labeling initiatives is headed for consideration in the U.S. Senate, and greens are venting about big food companies spending political influence money to support it. However, Reuters reports on some of the big money being spent by pro-labeling big businesses. David Bronner of Dr. Bronner's Magic (organic) Soaps has already spent $2 million supporting GMO labeling and plans another $250,000 media buy. Consumers "magically" pay more for Bronner's even though the FDA charged the company with making unsubs...
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.
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...