MEDITERRANEAN/MIDDLE EAST COMMENTS Officials in Iran say that the delay in discharging vessels in Khomeini Port is related to very heavy port volume. As much as 1 MMT of grain is reportedly waiting to be discharged from 20 bulk grain vessels and will be delayed for several weeks. Iran’s imports of basic goods have increased greatly this year as the country tries to import enough to offset the effect of U.S. sanctions on Iran. There is good news for MENA/Africa importers of Ukraine wheat as the government of the Ukraine has said that there will be no “formal cap” on wheat exports in the 2019/2020 year. Wheat exports are expected to exceed 19.5 MMT for 2019/20, up from about 2 MMT 10 years ago, according to World Grain. L...
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...