Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Grain information and activity in the MEA region was reduced greatly this past week as it was the first week of Ramadan with reduced working hours for businesses, banks and government offices. Pakistan flour mills are said to be mixing maize and rice flour with wheat during milling in order to reduce costs. Analysis of some wheat flour has shown below standard qualities. Local maize prices are about half the price of wheat which makes the adulteration very profitable for the millers. Blending of up to 10 percent maize/rice flour is said to be common. Tunisia is forecast by USDA-FAS to import 555,000 MT of soybeans in 2024/25 along with 12...
What You Need to Know Today: The USTR says Brazil has committed “unreasonable” acts against global trade rules and is recommending at 25 percent tariff on nearly all Brazilian ag products (unclear whether this includes beef amid President Trump’s effort to lower beef prices)...
Key Takeaways: The Energy Independence and Security Act of 2007 set a goal of producing 16 billion gallons of cellulosic ethanol annually by 2022, but actual production reached only a small fraction of that target. High production costs, feedstock collection challenges, and technological hurdl...
Corn The U.S. has yet to ship any corn to China, though last year’s sales were a paltry 32 KMT. Soybeans U.S. soybean export inspections for May rose above the previous year’s level with China as the target market. Citing reduced demand for soymeal, the Ministry of Agriculture...
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.