Europe’s Bad Boy Hungarian Prime Minister Viktor Orban is not well liked in Brussels, nor in Kyiv. Not only does he rankle Western Europe’s democratic virtues, but he also appears to side with Vladimir Putin. Yesterday he said that Ukraine has no chance of winning the war against Russia. Hungary is also the only EU country that has retained its unilateral restrictions against agricultural imports from Ukraine. Orban is not alone though. Ukrainian President Volodymyr Zelenskyy appears to have stood up Brazilian President Luiz Inacio Lula da Silva at a meeting planned for last weekend’s G-7 meeting. The leftist government of Brazil has sided with Moscow. Africa’s Bad Country Washington has completed some key c...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.