Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt’s rate of inflation dropped a little in November to 34.6 percent with food price inflation seen at 64.5 percent. However, inflation in expected to move higher in the coming weeks because of the Israel/Gaza situation. Egypt has announced that the minimum wage will be increased in January to $113 per month, an increase of 17 percent. Africa will receive a $50 million contribution to the Vision for Adapted Crops and Soils fund (VACS) which is a new fund established by the UN’s International Fund for Agricultural Development. The fund intends to “empower small-scale food producers”. The VACS fund will help increase food production...
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...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.