The director of Cuba’s Center for Agricultural Research of Genetic Engineering and Biotechnology (CIGB) indicates that country may begin planting GM soybeans and corn in 2017. Cuba may Grow GM Soybeans and Corn in 2017 Mario Estrada, the director of Cuba’s Center for Agricultural Research of Genetic Engineering and Biotechnology (CIGB), indicates that country may begin planting GM soybeans and corn in 2017. The agency has completed the required research on these varieties and is now recommending that the government expand plantings next year. The goal is to increase production of the two crops in order to reduce the more than $500 million spent annually on imports of the same. Mr. Estrada suggests test plots of GM varieties showed the pot...
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...