News Updates EGYPT COMMENTS The state of the Egyptian government and economy seems to change daily, adding a great deal of insecurity to the business environment. President Morsi's issuing and annulling of new decrees certainly is not helping stabilize the country. In the latest on-and-off situation, new tax laws -- laws that may be needed to meet IMF requirements -- were announced on Sunday only to be subsequently canceled on Monday. Meanwhile, the grain trade is in constant need of supplies and uncertainty regarding government actions is forcing many buyers to purchase more hand-to-mouth instead of longer-term commitments. Grain users' reluctance is therefore leaving large importers with an extremely high level of risk with goods on-han...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.