China to Consolidate State-Owned Soy Crushing Firms Bloomberg reported today that the Chinese government plans to force two state-owned agricultural firms to consolidate many of their assets. The plan calls for COFCO to incrementally take over the trading and oilseed processing assets of Sinograin, which is in charge of the country’s grain reserves. The domestic oilseed processing plants currently controlled by COFCO have annual capacity of 21.8 MMT, substantially greater than that of second place Wilmar. That will expand to at least 28.3 MMT once it is combined with Sinograin’s approximate 6.5 MMT capacity, which will make COFCO the largest oilseed processor in the country. Its crush in 2018 and that of Sinograin totaled 15.9...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.