Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION On 31 December, Turkey’s official Gazette published details of the approval of MON810 maize for a new period of 10 years for importation for feed use. Turkey’s government had “reimposed” a ban on MON810 genetically modified maize. MON810 maize has been allowed for importation since 2013. Turkey has been an importer of close to 1 MMT of USA DDGS. Pakistan has increased the price of wheat flour, sugar and ghee that are being sold in its “utility” stores. Wheat flour prices are up by 62 percent, sugar by 27 percent and ghee by 25 percent. The government is trying to establish better controls over subsidies. Pakistan&r...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.