Wheat Amid controversy and conflicting opinions, the Argentine government authorized the planting and commercialization of transgenic (genetically modified, or GM) wheat - Bioceres’s HB4 variety. Most of the concerns against the authorization are not about consumption of GM products, but to the risk of contamination of wheat to be shipped to destinations that have not approved the variety. These are logical fears, but to avoid this Bioceres will continue planting under an identity-preserved scheme, in which all the grain returns to their hands and only they can market it. This has worked in previous campaigns. The new season is starting a few days earlier than planned, mainly due to a lack of soil moisture. The core agricultur...
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.