World Perspectives

Risky Trade; Reassessing China

Risky Trade How much Ukraine produces, and exports are critical questions for global agricultural markets. With its own Black Sea ports blocked, some grain and oilseed products have moved westward via challenging logistics. Comvex, which operates the Romanian port of Constanta says a cargo of over 71 KMT of Ukrainian corn loaded this week, the first since Russia invaded Ukraine. And Bulgaria has offered Ukraine the use of its port of Varna, though that may require reviving Soviet-era railroad tracks. Either way, the risk to these shipping routes is the fact that Russia controls the Black Sea. This means any meaningful shipments could easily be harassed by Russian warships.   Reassessing China As the Soviet Union dissolved and C...

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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.

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