Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Pakistan’s planting of wheat may be delayed by at least a month in a large area of the country due to the slow recovery of farmlands from the recent flooding. Estimates say that the flooding could have caused up to $ 40 billion in agricultural losses. Some provinces of Pakistan are expecting wheat crops to be down by 50 percent. Pakistan and Russian officials are discussing the purchase of wheat by Pakistan using financial payment methods that are agreeable to both countries, including payment by bilateral trade. Pakistan has also advised that the private sector will not be allowed to import wheat in order to “save precious foreign exchange&rdq...
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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...