Competitive Advantage DimSum reports how scaled up techo-farms currently represent only 20 percent of Chinese agricultural production but much the way that scaling up pig farms created efficiencies, eventually other farms will follow if land laws get fixed. By contrast, scaled up farms in capitalist Europe and the U.S. get vilified. Worse, Pitchfork data shows that venture capital investment in foodtech startups is only one-third the level of last year. The decline is hitting everything from farm robots to fertilizer alternatives. Strife and Opportunity Forty-five percent of respondents to WPI’s last online survey feared that geopolitical strife will have modest impact on agricultural trade. However, a combined 45 percent ans...
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.
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...