Drought in Morocco has become more frequent and the Casablanca-Settat region is experiencing a 78 percent rainfall deficit this year. Meteorologists says that drought in Morocco occurred once every ten years in the 20th century but over the past two decades it has been at five times that frequency. Drought greatly slows the country’s economy while concurrently requiring an increase in food imports. During the 2000-01 drought, Morocco’s wheat imports doubled to 5 MMT. In 2006-07, grain production was only half a normal year’s output. In 2015-16, grain production fell by 70 percent and wheat imports increased by 1 MMT. A new investment program for dams and irrigation may eventually bring help but the country is warmin...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
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.