News Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The World Food Program (WFP) has delivered 22,000 MT of U.S. milling wheat to Lebanon and Turkey for milling and shipment to Syria as humanitarian aid. Syrian families with bread-baking facilities will be allocated 25 kg of flour per month by the WFP. The balance of the flour will go to local Syrian bakeries for bread production and free distribution to families with limited resources. This is the second shipment of donated U.S. wheat in the past six months.To date, Algeria's 2013 wheat imports are up by about 4 percent for a total of 4.2 MMT. EGYPT COMMENTS As an update to last week's comments regarding the difficulties faced by the Egyptian tourist industry and the effect on both...
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.