The U.S. FDA has collected public comments and now must decide what the term “natural” means on a food label.The U.S. FDA has collected public comments and now must decide what the term “natural” means on a food label. For some, the organic food production standards established in a back room by 12 people constitute natural. For others, using transgenics to modify plants is no more unnatural than the selective breeding techniques used by humans over millennia. Still others say that the FDA should define natural in accordance with what consumers think the term means, which according to an IFIC survey might come closest to the current definition of having no artificial or synthetic ingredients. Perceptions change over time, though, and someti...
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
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.