Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Pakistan wheat prices are increasing, especially in the Punjab, which has caused the Pakistan Flour Mills Association to suggest that the government should release some “official” stocks to help control prices. Wheat supplies in the Punjab region are less than half normal levels but the Punjab Food Department (PFD) says that there is no wheat shortage problem. The PFD says that it is buying from other areas in Pakistan that is moving Punjab prices higher. Much of the problem, it seems, is the locally set “government release price” which causes wheat to move from lower priced to higher priced regions which can create local shortages. Pakistan’s gov...
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.
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...