Russian Grain Markets: 30 January – 5 February 2013 Grain Market Interventions The intervention fund put up 64,935 MT of grains for exchange trading on 5 February 2013.As of 5 February, there have been 328 accredited participants during the course of the public commodity interventions. Since the beginning of these interventions in 2012, the public intervention fund has sold 1.625 MMT of grain on the stock exchange for a general sum of 13.571 billion Russian rubles. Negative Central Meteorological Office Forecast Russia's Central Meteorological Office forecasts a possible decrease of the winter grain harvest as a result of unfavorable weather conditions during the planting and vegetation periods. There was a lack of rain in the fall, e...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
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.