Standard-Less Identity The U.S. Food & Drug Administration issued a new strategic roadmap that indicates it will revisit the standards of identity for various food products. This could involve tough decisions about whether plant-based drinks can be called milk as well as the issue of clean meat. The agency says that it wants to reduce barriers to healthier products while ensuring consumers receive accurate information. The problem is not just a lack of nutritional consistency between similarly-named products, but also the adverse impacts of misinformation. According to a survey by New Nutrition Business, an industry advisory firm, consumers in Europe, the U.S. and Australia are increasingly confused by the conflicting information being...
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...