Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Pakistan and India are having difficulty in agreeing on the method to move Indian wheat to Afghanistan through Pakistan. While the shipment of 50,000 MT has been approved by Pakistan, it is insisting on the use of Pakistan trucks and drivers, with United Nations support, while India says that Indian or Afghanistan trucks and drivers should be allowed. Reports say that, since this is a serious humanitarian situation, agreement between India and Pakistan should be reached shortly. Pakistan’s government has decided to donate 50,000 MT of wheat to Afghanistan, a donation that matches the recent one by India. Pakistan has announced about $28.4 million to Afghanistan in aid, i...
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.
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...