A recent report in South Africa indicated that the poultry industry needs expanded production of feed maize and soybeans in order to help control prices. While the former is achievable, one factor makes it more difficult to boost soybean production. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Reports from both Europe and Saudi Arabia indicate there is a great deal of international interest in the upcoming sale of the flour milling assets of the Saudi Grains Organization (SAGO). Some experts believe the sale will be held in the third quarter of 2017, but there is no confirmation. SAGO has set up four joint-stock companies, and it is expected that the flour mills will be rolled into them for privatization and that the new owners wo...
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.