Egypt reports that current wheat supplies are sufficient until July 2016 and that it is planning to purchase 4-4.5 MMT of local stocks during the April-July harvest. Meanwhile, the ergot situation remains unresolved as the government and the FAO analyze/review standards. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The ergot situation in Egypt is no clearer this week than last. The agriculture ministry continues to maintain that levels of up to 0.05 percent in wheat will be accepted at the present time while the Egyptian government and the Food and Agriculture Organization (FAO) of the United Nations analyze/review ergot standards. As usual, however, the ag quarantine authorities are still insisting that the standard is mand...
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.