Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Pakistan reports that the second 65,000 MT shipment of wheat has arrived from the Ukraine and another shipment of 69,000 MT is expected this week. These wheat imports are for the private sector. Inspection and clearance has been given priority as has the distribution of wheat to the provinces. All government agencies are said to be working together to avoid the possibility of delays. Also from Pakistan is the information that agriculture has been added to the remit of the China-Pakistan Economic Corridor. Pakistan is looking for Chinese assistance with corporate farming and possible joint farming projects, in particular for wheat. Sri Lanka’s government has...
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.
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...