Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan has said that it could buy additional U.S. soybeans in order to eliminate the small trade surplus that the country has with the U.S. in order to avoid any tariffs now being set by the U.S. government. Pakistan’s National Food Security and Research agency met with the Farmers Union looking at key challenges and opportunities with a “special focus on maize exports and wheat reserves”. Maize exports are a “strategic priority” with the government as is the organization and use of the” strategic reserves of wheat”. The Farmer’s Union was told that incentives will be in place to give better access to quality, seeds, modern equ...
What You Need to Know Today: Crude oil prices dropped sharply with traffic flowing through the Strait of Hormuz. There were reports that Iran was behind an attack on a cargo ship near the coast of Oman, which would be a violation of the memorandum of understanding between the U.S. and Iran. Pr...
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...
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.