GMO Cross-Contamination The European Union Court of Justice affirmed Italy’s ban on planting MON810 corn despite its approval at the EU-level. Italy could not cite public health or the environment for its prohibition since it has already passed these tests at the EU-level. Instead , the ruling relied on Rome’s insistence against cross-contamination in other food products. It is unclear what prevents MON810 corn from Spain crossing the border in the single market and causing the same issue? Africa’s Heartbeat – Kenya The presidential election in Kenya yesterday went peacefully but the winner to be decided in about a week will be consequential. Raila Odinga, a five-time past loser in the contest and a serial politic...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.