No. 1 Nothing says important better than calling something “The No. 1 document,” but China’s plan for agricultural success remains undermined by the realities literally on the ground. In an ideal world, China would produce all the food that it wants plus some, but its arable land availability per capita is only 40 percent of the global average, and that number has been falling due to development. Major cereals and oilseeds already utilize 87 percent of that land base, with the remainder going to specialty crops, grazing and other food products. Yields can be improved but not enough to keep up with expanding livestock production. Particularly since Beijing also recognizes the need to protect its soil quality and has thus c...
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.