China’s Heilongjiang Province Doubles Subsidy for Soybeans Heilongjiang Province, China’s top soybean and corn producer, has doubled its subsidy for growing soybeans to 320 yuan/mu ($330/acre or $815/hectare at the current exchange rate) as a way to boost production. To further encourage expanded soybean plantings in 2019 at the expense of the corn crop, the province reduced its subsidy for the latter from 134 yuan/mu to 25 yuan mu ($25.80/acre or $63.75/hectare). The province is following the lead of the central Chinese government, which wants to greatly increase soybean production to reduce reliance on imports, particularly from the U.S. This goal is a direct result of the current U.S.-China trade war. Interestingly, the su...
Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.