Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Afghanistan’s agriculture will benefit from a $65 million donation by the Asian Development Bank to the United Nations FAO to raise Afghanistan’s local food production, including wheat cultivation, livestock feed production, and veterinary support. The funding should help 150,000 small wheat producers and 100,000 marginal livestock farmers. Pakistan is seeing wheat flour shortages in Karachi, Pakistan’s largest city, and is having to move in wheat for milling from rural areas in Sindh province. 107,000 MT of wheat will be moved in for both February and March. Pakistan farm associations are saying wheat production could drop by 40 percent due to a short...
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...