World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Wheat Brazilian millers are in a tight situation because they normally buy about 7 MMT per year of wheat, which primarily comes from Argentina, Uruguay and Paraguay. Small volumes are also sporadically bought from the United States, but normally to cover some specific milling needs. However, the following table shows the recent decline in wheat exports from Argentina to Brazil:Most recently, Brazilian millers have received 50 percent less wheat from Argentina. This is a primary reason why the Brazilian government was recently obligated to reduce the import tax from 10 percent to zero for U.S. and Canadian wheat; and they purchased 2.7 MMT. That is still not an adequate amount and at least another 2.2 MMT more will need to be obtained,...

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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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