World Perspectives

Elbow for an Eye; Eye for an Eye

Elbow for an Eye Legislation aimed at China has been introduced in the U.S. Congress to restrict foreign ownership of farmland. However, it is more nimble state legislators who are increasing restrictions on China in their jurisdictions. Arkansas has just ordered Syngenta to sell 160 acres of farmland it owns within two years. The state also discovered that Syngenta is owned by ChemChina and fined it for failing to disclose the ownership. Little Rock is a little behind the times since it was a highly publicized purchase transaction by the SOE over six years ago. Still, a western democracy forcing a 160 acre land sale looks like child’s play next to the actions of the autocrats.  China has just formally arrested an employee of t...

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Summary of Futures

Mar 26 Corn closed at $4.24/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.155/bushel, up $0.0775 from yesterday's close.  Mar 26 Soybeans closed at $10.64/bushel, down $0.005 from yesterday's close.  Mar 26 Soymeal closed at $296.2/short ton, up $4.8 from...

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From WPI Consulting

Communicating importance of value-added products

Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.

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