Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Saudi Arabia’s Almarai Dairy Products will be investing $107 million in its poultry operations for expansion of grandparent stock and in seafood processing. In 2021 the company said that it would be doubling the size of its poultry operations over the next five years. Current shortages in poultry products at retail show that local poultry expansion is certainly needed. Bangladesh, UAE, Yemen, and Oman may be allowed Indian wheat exports according to reports from senior officials in India. No information was available on when wheat shipments could be made and in what quantities. Morocco has removed import duties on oilseeds and products be...
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.