Regional Updates The coronavirus has hit the grain business with the Global Grain Asia conference in Singapore being postponed for at least three months. The conference is expected to be held in late June rather than early March 2020. MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA COMMENTS Egypt has extended its 13.5 percent maximum moisture level for wheat until April 2021. They say this has been done so that Egypt can “diversify its import origins”. The final wheat planting number from Egypt is for 1.34 million hectares. The final number is about 9 percent lower than the government’s original planting estimate. Egypt’s Cairo Poultry has accepted an offer from Cairo3A for the purchase of all the Cairo Poultry and Ameri...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.