World Perspectives
feed-grains wheat soy-oilseeds

Rice as Laggard

It was noted yesterday that the growth in global production of wheat has tracked population growth whereas corn and soybeans have expanded exponentially more. Wheat is predominantly a food grain whereas corn and soybeans have fed the expanding animal protein sector. Rice is also predominantly a food grain and like wheat, its production has tracked closer to population growth. However, over the past decade world rice production has expanded at half the pace of population growth.  China and India dominate world production and consumption. Notable is the year to year volatility in rice production in Indonesia, Thailand, Brazil and the U.S. Thailand would like to become a larger exporter of rice but will need to become a more consistent p...

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WPI Crop Progress and Conditions App (Updated 6 July)

Update for 6 July 2020:  The app contains a large volume of data, so please be patient while it loads.  Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions!   ...

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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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