Mediterranean/Middle East/North Africa/Africa – Mea Region Iran says that there will be no problems with grain imports and distribution although news stories say that major importer Modalal Group is facing financial difficulties due to EU banking sanctions and a severe shortage of foreign currency. Twenty-one grain/oilseed/sugar vessels are waiting in Bandar Khomeini due to a lack of payment with another 20 vessels enroute. Modalal says that delays in payment are always a problem with Iran imports but assures suppliers that payment will be made. Saudi Arabia is importing grain from the Western sanctioned, Russia occupied Crimea. Vessel tracking software implies that recent grain shipments to Saudi began in Crimea – tracking soft...
There was heavy volume exiting soybeans, which dragged down the broader market today. The lack of a specific Chinese buying commitment for soybeans undermined speculators who had placed bets on state-directed trade. But even the Chinese do not totally ignore market fundamentals. They may still...
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.