Zhang Hongzhou at Nanyang Technical University in Singapore says that geopolitical tensions, war, and climate change have refocused China on food self-sufficiency. Not that it had lost importance, but it is now receiving greater attention. He quotes Chinese President Xi Jinping stating, "Historical experience has taught us that money is useless in the event of a famine. To solve the problem of feeding 1.3 billion people, we must rely on domestic food production." USDA/FAS has increased its estimate for China’s corn production this season by 1 percent to 280 MMT. It accomplished this feat by adding 300,000 hectares to the production area. If true, this means China achieved the equivalent of 148 bushels/acre, which isn’t bad cons...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.