Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA In Pakistan, it appears likely that the government will import as much as 1.4 MMT of wheat. International wheat prices to Pakistan are expected to be as much as 25 percent higher than the current price for local wheat. The government says that it will only import wheat if the private sector fails to import the 2 MMT that had government approval for import. So, the government announcement is a fallback position if the trade does not or cannot import. MENA importers of Ukraine wheat can breathe a little easier as the government of the Ukraine is expected to see wheat exports as high as 17.2 MMT. The official but semi-formal export agreement between the trade and the government is expe...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.