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Middle East and Mediterranean Regional Analysis

News Updates EGYPT UPDATE The Egyptian government announced that the final amount of its wheat purchases from the local market is at 3.8 MMT, up slightly from its original estimate a few weeks ago. Meanwhile, discussions between the IMF and the government regarding the $3 billion in financing are currently running at a slow pace because the new government does not yet have all its new staff and officials in place. According to the government, the full list of cabinet ministers will be announced before the end of this week, about one month after the election victory. The IMF says that everything is moving ahead.Following up on meetings last March, senior officials from Egypt, Tunisia and Libya have been gathering in Cairo to discuss closer...

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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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