Call to Restrict Indian Meal Exports India's poultry industry has asked the government to impose a ban on exports of soymeal in order to lower prices. The price of soymeal in India has increased by 75 percent in a month, according to The Hindu Business Line newspaper. The big increase in soymeal prices has been driven by a sharp increase in Indian soymeal sales to Iran. Because of the international sanctions on Iran, Iran has turned to India to source soymeal under terms allowing buyers to pay rupees for the meal and Indian soymeal exporters are able to sell the meal to Iran at prices well above world prices. The rupees are earned by Iran through petroleum sales to India.In addition, traders are amassing stockpiles of soymeal in anticipa...
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.