Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Afghanistan officials say the country may need to import as much as 3 MMT of wheat in 2021/22 due to expected very low rainfall levels. According to some reports the rainfall will be down by 30 percent which could reduce local wheat production by 1.5 MMT to 2.9 MMT. The Sindh Province in Pakistan expects a very good wheat crop this season with the government’s target set at 4 MMT of production – up slightly from last year’s 3.8 MMT. However, there are concerns and complaints in Sindh that the local wheat support price has been set too high (higher than in neighboring provinces) which could easily lead to the interprovincial movement of wheat in search of the...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.