Regional News Ukraine’s sea port grain exports for the week ending 2 August 2019 increased to 1.09 MMT from 861 TMT the prior week. Corn exports increased to 121 TMT while wheat shipments rose to 724 TMT and barley exports decreased to 245 TMT. The biggest destinations for Ukraine’s shipments last week were Turkey, Spain, and Egypt. The country of Georgia is looking to replace Russian wheat imports with Kazakhstan-origin wheat amid political tensions with Russia. Last month, the Georgia Ministry of Economy said it was planning on increasing wheat imports from Kazakhstan, a country that has traditionally been a minor supplier to Georgia. In 2017, Kazakhstan supplied 31 percent of Georgia’s wheat imports and only 15...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.