World Perspectives
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Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Regional buyers/importers of wheat continue to watch the Russia situation very closely. As can be seen by the Russia wheat export numbers further down in this report, Russia is a very significant wheat supplier to the Middle East and Africa. Russia has now decided to allocate the wheat export quota by exporting company with about 70 percent of the export quota going to the “top ten” companies, including GTCS, Aston, Solaris, Viterra, Cargill, OZK, Zerno-Trade, LDC, AST, and Artis-Agro. The recent FAO report on Iraq shows grain production up by 32 percent to almost 9 MMT: 6.2 MMT wheat, 1.8 MMT barley, and 300,000 MT maize. 2020/21 grain production is more than doub...

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U.S. soybean meal price outlook is unchanged at $400 per short ton...

soy-oilseeds

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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.

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