Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Pakistan’s Competition Committee (CCP) has said that the government should reduce its role in the wheat sector and abandon its minimum support price fixing regime – this action should lead to an “increase in agricultural productivity”. The Committee also points out that small scale Chakki mills produce two thirds of the flour in the country but have seen very little support from the government – most support programs have been aimed at large commercial milling operations. The CCP has a very long lists of actions that it feels can be taken over several years that will allow for a better wheat/wheat flour industry in the country – one that prod...
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.