The Russian Grain Union supports the government resolution to allow GM seeds for use in sowing as of 1 June 2014. Russian Grain Markets: 12-18 February 2014 Grain Market Interventions A stock exchange trading was held on 18 February within context of the grain market intervention in Russia. The Intervention Fund purchased 9,855 MT of the 29,970 MT of grains that were offered for the total amount of $1,459,480.Since the beginning of the stock exchange trading (15 October 2013), the Intervention Fund has purchased 610,065 MT of grains for the total amount of RUB 3.573 billion ($100,514,209).The Russian Ministry of Agriculture made a resolution last week to end the season's grain market purchasing interventions on 19 February. Market Trend...
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.