China's Ministry of Agriculture (MOA) and Ministry of Education together recently launched the "Training Plan for New Type Professional Farmers." This initiative has come as China struggles to improve agricultural efficiency amid a decrease of rural laborers. China's Corn and Hog Prices Increase with Limited Growth Potential During the week of 11 May, China's cash corn price continued to rise and reached an average of $389/MT, which is up nearly $33/MT from early April. Ongoing government purchases, particularly in northern China, contributed greatly to the price increase. According to data released by China Grain Reserves, the government has purchased over 69 MMT of corn in Inner Mongolia, Liaoning, Jiin and Heilongjiang since last Novem...
What You Need to Know Today: The Trump administration announced new tariffs of 10 percent to 12.5 percent on imports from 60 major U.S. trading partners as part of a Section 301 action aimed at combating forced labor in global supply chains. Countries that have agreed to adopt and enforce bans...
Key Takeaways: Grain futures pulled back sharply in overnight trade Friday on rumors that Ukraine proposed two possible options for ensuring civilian vessel safety in the Black Sea. Both Russia and Ukraine have recently targeted civilian vessels carrying oil and grain in the Sea of Azov...
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.