Russian seaports increased the volume of grain shipments in January 2014 to 1.2 MMT, 2.9 times more than the total in January 2013. Russian Grain Markets: 5-12 February 2014 Grain Market Interventions Regular stock exchange trading was held 11-12 February within context of the grain market intervention in Russia. The Intervention Fund purchased a total of 2,700 MT of the 12,555 MT of grains that were offered on 11 February and the 12,015 MT that were offered on 12 February.Since the beginning of the stock exchange trading (15 October 2013), the Intervention Fund has purchased 600,210 MT of grains for the total amount of RUB 3.521 billion. Market Trends: 3-7 February 2014 The Russian grain market prices followed the same trend as the pr...
What You Need to Know Today: Shipping in the Black Sea is at a standstill, with neither Ukraine nor Russia yet ready to swerve in this game of maritime and export brinkmanship. Israeli media suggests the U.S. and Iran may be close to making a deal or at least restoring the memorandum of unders...
Key Takeaways: Brazil’s pork exports have more than doubled since 2019 as competitive feed costs, ASF-free status, and expanding global demand have strengthened the country’s position in international markets. Brazil’s abundant domestic production of corn and soybeans provide...
The Make America Healthy Again (MAHA) movement has reached a critical point after the Supreme Court ruled on 25 June that Bayer is shielded from state-level lawsuits because federal regulation does not require the company to warn of alleged cancer risks from such products. Thousands of "failure...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.