Regional News Ukraine’s 2021/22 total grain exports have reached 7 MMT so far, up 10 percent from the same time last year. The Taliban’s takeover of the Afghanistan government and resulting collapse of international credit/payment systems will all but certainly eliminate a 2-MMT market for Kazakhstan flour exports. A Togo-flagged cargo ship, the Sea Bird, carrying wheat from Ukraine to Tunisia hit rocks over the weekend and sank in the Agean Sea. All 16 crew members were rescued by the Greek coast guard. Milling Wheat World wheat prices are higher this week as markets react to the implications of ongoing droughts in the U.S., Canada, and Russia, combined with below-average quality in Europe&rsq...
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.