Regional News Food security continues to be the primary market driver for Europe and most other regions around the world. Efforts to increase (at least perceived) food security include export restrictions, sales from government stockpiles, and requests for approval of imports from non-traditional suppliers. Russian wheat may soon be shipped to Brazil and millers in the latter country are seeking alternative sources to Argentine wheat. Brazilian millers are pressuring the government to lift sanitary restrictions on Russian wheat and remove the 10 percent import tariff on non-MERCOSUR origin wheat. Romania became the first country to completely ban grain exports due to the COVID-19 pandemic. Last week the government banned the...
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.