World Perspectives
feed-grains soy-oilseeds wheat

Insane Consumption Growth

World crop production slipped in 2018 from the record levels reached in the previous five years, which masked the fact that world consumption also set records in each of those same years. World soybean production was a record again in 2018, but world production of corn and wheat fell as did that of barley, another important crop. An individual from the wheat flour milling industry was casually looking at the world wheat consumption numbers during a recent meeting, and he was stunned to see that it has risen 100 MMT in just the past ten years. He did some very casual research, comparing that increase with population growth. Although the latter did account for a large part of the consumption gain, the world is consuming more wheat per capita...

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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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