World Perspectives
wheat

Indian Subcontinent Regional Analysis

The Indian government is likely to implement an import tax of 20 percent on wheat, making it more cost effective to transport wheat across India than import it. Elsewhere, pulse prices are lower than the stated support price, necessitating government intervention. Monsoon season over; rains 5 percent below normal India’s four-month monsoon season officially ended on 30 September 2017. Overall, it was a good monsoon with rains reaching 5.2 percent below the long-term average (LTA), with the deficiency showing up in the second half of the season. It was, however, a patchy monsoon. The first half of the monsoon gave only deficient rains in the southern belt (Karnataka, Tamil Nadu and Kerala) and a turnaround was seen in the second half, fina...

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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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