Sinograin to Secure Corn Procurement for Reserves Sinograin has repeatedly improved corn procurement in north and northeast China since last fall. Further, it is estimated that by end of February, the total purchase volume reached 12.61 MMT. However, due to the high moisture content and lower quality of corn this year, Sinograin has had to lower procurement standards, especially in northeast China. Industry insiders said that the corn quality Sinograin purchased this year is lower than last year's and that it might end up selling the grain to industrial processors in the future. In addition, Sinograin claimed that about 2.5-3 MMT of the corn imported to China have been set aside for reserve stockpiles.Sinograin, China's grain reserves co...
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.