China's Overseas Agricultural Investment Continues to Expand The large state-owned agricultural enterprise Xinjiang Production & Construction Corps (XPCC) has signed an agreement with the Ukrainian government-controlled KSG Agro to lease 3 million hectares of land to China for the next 50 years, according to the South China Morning Post. Starting with 100,000 hectares, the prime farmland in Ukraine's eastern Dniproppetrovsk region will be used for growing crops and raising pigs. The products will then be sold to two Chinese state-owned companies for distribution at preferential prices. The deal, worth $2.6 billion per year, is said to be Ukraine's single largest foreign investment. This would also make Ukraine the largest overseas...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.