World Perspectives
feed-grains soy-oilseeds livestock

Indian Subcontinent Regional Analysis

India's spot corn price has stabilized over the past few days in most markets, but  today's average price was still lower than on 1 October. Meanwhile, demand seems to be catching up, although  imports seem unlikely. Corn Prices Rising with Imports Unlikely As the rabi sowing season has started, the major problem facing farmers in coming months will be irrigation. According to the government of India (GOI), the 91 major reservoirs are only 51 percent full compared with 76 percent a year ago. The kharif crop failed in southern India because of the deficient monsoon, and the only hope for farmers is the northeast monsoon that has commenced in Tamil Nadu, Kerala, which may provide rains in Karnataka and Andhra Pradesh.The spot corn...

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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.

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