Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA According to recent reports, India will export about 400,000 MT of corn in June and July with some of the exports going to Bangladesh and Sri Lanka and the rest to Asian destinations. For the first time in several years, Indian corn is price competitive in international markets and, due to COVID-19 causing a slow-down in the local poultry industry, India now has corn available for export. India is expected to export 2.6 MMT of corn this year – reportedly the highest level in seven years. Algeria has banned the discharge of a vessel of 33,000 MT of Canadian durum wheat for “not complying with standards agreed”. The problem is said to be insect infestation and...
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.