Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Pakistan’s Punjab province is reportedly stopping permanently the wheat quota for flour mills that are on strike. Punjab provides 26,000 MT of wheat daily for subsidized production and says that striking mills are not “patriotic” and that non-striking mills can easily supply all the subsidized wheat flour needs. Pakistan’s soybean imports are forecast to drop dramatically this year due to the GMO restriction on importation, according to the local USDA-FAS office. Soybean imports are seen dropping from 2.5 MMT to just 1.2 MMT – as a result local soymeal production will drop from 1.8 MMT to 855,000 MT. Soymeal is used prima...
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.
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...