Third Time’s a Charm After losing appeals before the Ninth and Eleventh Courts of Appeal, Bayer won a unanimous decision from the Third Circuit Court that the company did not err by not labeling Roundup as a carcinogen. The Court ruled that primacy for labeling pesticides is the Federal Insecticide, Fungicide, and Rodenticide Act, requires nationwide uniformity in pesticide labels. Thus, state-level pesticide labeling requirements that deviate from the federal standard are obviated. Because of the conflicted rulings, the appeals likely moves to the U.S. Supreme Court. This is not a slam dunk for Bayer. This would be the same highest court that ruled California can issue animal welfare requirements that apply to products produc...
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.