Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Yemen is expected to be dependent on India for its wheat supply for 2022 due to the invasion of Ukraine by Russia. India is reported to have shipped 250,000 MT of wheat to Yemen since the invasion. Turkey is going to expand its supply of wheat and wheat related items to Malaysia while Malaysian companies are said to be looking at establishing wheat farms in Turkey to supply some of Malaysia’s wheat import needs. Jordan has received a $130 million loan from the European Bank for Reconstruction and Development (EBRD) that will be used to “finance working capital needs related to grain purchases” and “expansion of strategic grain stora...
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.