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wheat soy-oilseeds

Indian Subcontinent Regional Analysis

Bumper Wheat Crop Expected, but Imports Still Cheaper Available records indicate the area under wheat in 2017/18 totals 28.3 million hectares, down about 4.77 percent from last year and less than the 30.2 million hectares planted under normal circumstances. While the area is smaller in Uttar Pradesh, there is still time for sowing. That window has closed in Madhya Pradesh, however, and the planted area there has reached 4.453 million hectares versus 5.381 million hectares a year ago and the usual 6.4 million hectares. Nevertheless, it could expand to 5-5.2 million hecatares if irrigation allows farmers to add some late sowing. The government of India (GOI) still has a production target of 97.5 MMT for 2017/18 against 98.38 MMT in 2016/17...

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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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