More Damaged Wheat to Be Downgraded China's wheat crop damage is more severe than previously estimated because of the frost and rain during the growing period. This weather shrank the kernels in Henan which is the top wheat-producing province in China and accounts for more than 50 percent of the national output. Trucks were recently seen there piled with bags of wheat as they queued outside the state grain reserve warehouse, while farmers waited outside the building to sell damaged crops that they had been told were rejected. Farmers without good storage facilities accelerated the sales, particularly in the past week, because of the excessive rain that started mid-July. It is now projected that as much as 20 MMT or 16 percent of China'...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.