China has recently issued a series of policies to promote family farms that could also mean that the freedom to transfer and consolidate land will be established in rural areas, a process previously restricted by the government. China Promotes Family Farms China has issued a series of policies to promote family farms over the past month. The government published its first official document encouraging the development of such farms in early February. This was followed two weeks later by guidelines issued by the People's Bank of China (PBOC) that urges banks to grant longer-term loans at lower interest rates to family farms. China's Ministry of Agriculture (MOA) then called upon its local agricultural authorities at the beginning of March t...
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.
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...