Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt is hoping to increase the 2023 planted area by 1 million acres. In order to do this, it will have to reclaim desert lands and use existing underground water supplies. Egypt also plans to improve the seed stock used to increase yields and to expand the existing irrigation systems. As the agriculture minister has said, this is a very big and very challenging list of projects for Egypt. Egypt is reported to be looking everywhere for wheat supply to cover the amount missing in shipments from the Black Sea. In recent years Egypt has received just over 80 percent of its 12 to 13 MMT of wheat imports from Russia and Ukraine. Egypt is now receiving whea...
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.
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...