Realizing that limited arable land and scarce water resources could restrict agricultural production, China has vowed to boost the seed industry to ensure growth in the food supply. China Issues Seed Industry Reform and Innovation Guidelines China's State Council recently released a document, Opinions on Further Deepening Seeding Industry System Reform and Enhancing Innovation Capabilities, which lists seven measures for reforming and upgrading the industry as well as enhancing innovation capabilities. These steps mainly include:
Strengthening the role of seed companies in technology innovation. The government encourages these companies to increase research and development investments in seed technology and work with the international...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...