While the long-term fundamentals suggest that the ongoing westernization of China's diet should lead to increased imports of soybeans, corn and pork, the country's economic policies over the past four years are resulting in a near-term drag on consumption. Rising Food Inflation Squeezes China's Middle Class The sputtering demand for pork, poultry and other agricultural foodstuffs in the first four months of 2014 is not the result of seasonality or a sudden slowdown in domestic consumer demand. Rather, the situation is the outgrowth of government policies that have favored Chinese producers, particularly the export-driven industries over households. China's response to the 2008 global financial crisis was to inject large sums of capital in...
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.
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...