Market Trends U.S. Ag Exports to China See Best 1st Quarter Since 2014 Courtesy of booming corn, soybean, wheat, sorghum, meat, almond, and pecan shipments, U.S. agricultural exports to China total 15.59 MMT worth $7.73 billion. Those figures represent a 243 percent increase in tonnage and 163 percent jump in value compared to Q1 2020. The Middle Kingdom’s booming economy and a return to a high level of normalcy as the pandemic has been largely controlled have helped the rebound. While most of the retaliatory tariffs remain in place, the central government has granted waivers on grains and oilseeds that once again make many U.S. productive competitive. China’s own production problems in the hog sector and in the grain arena as...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.