Decline of China Ag Import Market The media has focused on China’s self-sufficiency effort in agriculture and its implications. In a largely political statement, U.S. Trade Representative Jamieson Greer told Congress that the Trump Administration wants to broaden the agricultural imports that China buys from the U.S. Meanwhile, Canadian Prime Minister Mark Carney has thrown commercialism out the window by telling his country’s producers to diversify away from the U.S. market due to President Trump and increase their sales to countries like China. After all, the Middle Kingdom is a massive net importer (-$100 billion) of food, largely due to its animal protein demand. China’s total meat and fish consumption is more th...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.