Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Turkey has protested to the WTO about the Philippines extending its antidumping duties on Turkish flour. The Philippines intends to extend the duty by three years. It is interesting to note that, even with the antidumping duty, Turkey is still the largest supplier of wheat flour to the country with just over 44 percent of all wheat flour imports. The current rate of duty for Turkish wheat flour can be as high as 29.57 percent, covering 16 named Turkish exporters. Wheat prices are expected to stay strong in coming weeks as major wheat importing countries (Turkey, Jordan, Tunisia, and Egypt) seem to be buying larger than normal quantities of wheat and are building much larger th...
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.