Wheat procurement likely to cross the target – ways and means to distribute and contain damage As of last week, Punjab farmers sold 12.027 MMT of wheat to government agencies. This is at present 0.5 MMT higher than the target of 11.5 MMT fixed by the state government. Reports indicate that farmers were given the money within 48 hours and money was deposited in their accounts directly. In the state of Haryana the procurement was 8.325 MMT. The two states have already procured over 20 MMT against the target of 31 MMT, and the procurement is still going strong.As the stocks will be plentiful, and the Food Corporation of India (FCI) and other agencies will have their hands full of wheat, there are two ways to get rid of the wheat:1. Move the...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.