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feed-grains soy-oilseeds wheat

Middle East and Mediterranean Regional Analysis

News Updates EGYPT COMMENTS With financial problems in Egypt plaguing the government, GASC must look at a wide range of alternative methods to pay for needed wheat imports. GASC's recent 60,000 MT purchase of U.S. wheat was funded by USDA export finance programs. It now looks like Egypt is considering buying from the grain trade through private agreements, as had been done before GASC began self-financing. GASC is required to finance import letters of credit in cash because of Egypt's new foreign exchange regulations, but these days it has been unable to provide the cash needed. Of course, GASC is not the only organization being hit by the new regulations; all importers must follow the same foreign exchange rules and have been finding it...

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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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