Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Pakistan reports outbreaks of Fall Armyworms on maize crops in some areas of the country. The government says that the crops are now too mature for normal pesticide sprays. Pakistan could face a shortage of up to 7 MMT of wheat in coming years according to a recent study by the University of Agriculture Faisalabad. The study says that a “green revolution” is needed to improve production – mainly through seed genetics, seeding methods, balanced fertilizer use, and control of port-harvest losses. Pakistan’s latest supply and demand estimate for wheat by USDA-FAS has 2023/24 wheat production at a record level of 28.0 MMT with imp...
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What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...