Corn Mexico Approves Argentine Corn Mexican authorities have approved imports of Argentine corn in order to circumvent the tight supply and demand situation with U.S. corn. After Japan, which will import about 15 MMT of corn in 2012/13, Mexico is the world's second-largest corn importer and will import as much as 9 MMT this year. Mexico's import volume is down 2 MMT from the 2011/12 period because of a 2 MMT increase in its production (USDA estimates Mexican corn production for 2012/13 at 20.7 MMT versus 18.7 MMT in 2011/12). White corn, which mainly comes from South Africa, represents about 1.5 MMT of the total 9 MMT. The balance is yellow corn, which mostly has been imported from the United States. Argentina will now have the opportun...
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.