World Perspectives
feed-grains soy-oilseeds wheat

Middle East and Mediterranean Regional Analysis

News Updates MEDITERRANEAN AND MIDDLE EAST COMMENTS A Lebanese company announced that it will invest up to $800 million in agricultural projects in Sudan to produce animal feed for export to Saudi Arabia. The company, GLB Invest, says that it has 87,000 acres of land and will produce 750,000 MT of feed by 2019. According to the company, $200 million already have been invested, and feed production of 40,000 MT will be seen in 2014, followed by steady year-on-year increases to the 750,000 MT target level.A Saudi company has decided to delay its investment in Sudanese agriculture because of the difficulty with repatriating profits from the country. Due to the severe foreign currency shortages in Sudan, the transfer of funds out of the countr...

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feed-grains soy-oilseeds wheat

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Summary of Futures

Mar 26 Corn closed at $4.47/bushel, up $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.155/bushel, up $0.0575 from yesterday's close.  Jan 26 Soybeans closed at $10.5325/bushel, up $0.04 from yesterday's close.  Mar 26 Soymeal closed at $301.9/short ton, up $0.8 from y...

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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.

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