World Perspectives

Unveiling Good and Bad; Trump’s Effect?; The Shutdown Wolf

Unveiling Good and Bad Members of the European Parliament voted 427–172 to obligate the European Food Safety Authority (EFSA) to publish all relevant scientific study data ahead of its decisions. This contrasts with those in the U.S. who want to stop the Trump administration from making a similar move to end what it calls secret science. Some are concerned that the transparency will create competitive or proprietary disadvantages for European businesses. Another but unmentioned concern is with a concurrent plan to release studies by third parties. There is a great deal of junk science in the literature with EFSA better positioned than the general public to distinguish the good from the bad. The risk is that activists will put a magni...

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Good Friday

Tomorrow, 29 March is a holiday for the CBOT/CME markets in observance of Good Friday. Please note that our office will also be closed. The next Ag Perspectives will be published Monday, 1 April. ...

feed-grains soy-oilseeds wheat

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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