USDA and other international agencies are working in Pakistan to address an issue with the wheat crop there. Meanwhile, a recent study indicates maize-producing countries in Africa could lose $2.2-5 billion per year due to yield loss caused by one particular pest. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt has put a hold on another wheat shipment, 59,000 MT from France, that is now being examined by authorities as it is said to contain poppy seeds (see below). Meanwhile, there has been no decision yet regarding the previous 63,000 MT shipment of Romanian wheat being held for the same reason (see Ag Perspectives, 29 August). According to the trade, shippers are now being very careful about wheat shipments to Egypt and that...
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.