Kenya is facing a maize shortage while Zambia faces oversupply with the inability to export. Meanwhile, Turkey is looking for a new customs union arrangement with the EU that will benefit both sides while Syria claims to import Russian wheat. Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt reports the Romanian wheat cargo rejected due to poppy seeds is being discharged in advance of sieving, and that the sieving process has not yet begun. Also, the decision on what to do with the rejected French wheat cargo has not been finalized.Blumberg grain reports that they will be investing another $150 million in Egypt to complete the second phase of their grain storage project and add an additional 300 grain facilities. This further inv...
What You Need to Know Today: The conflict between the U.S. and Iran continues to escalate with the two sides exchanging attacks over the weekend. President Trump said Iran “will pay” for recent attacks that claimed the lives of U.S. troops stationed in Jordan. There are some signs...
Key Takeaways: Russia’s diesel export ban is tightening global fuel supplies and increasing dependence on alternative exporters. Limited refining capacity and logistical constraints make diesel markets especially sensitive to supply disruptions. Diesel supply disruptions are more difficu...
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.