Kenya reports that local maize and maize meal prices are dropping slightly as the local harvest has boosted supplies. However, maize imports are still needed despite those plentiful local stocks, and the government specified a significant volume that will need to be imported as the year progresses. Regional Updates MIDEAST/MEDITERRANEAN COMMENTS In Saudi Arabia, the Saudi General Grains Organisation (SAGO) will immediately take over the responsibility for barley imports from the finance ministry. According to government sources, more details regarding the change will be announced this week.The Stavropol Krai district of southern Russia has announced that wheat exports will be transported through Iran’s Anzali port on the Caspian Sea. How...
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.