Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Egypt’s Agricultural Bank is putting up EGP 4 billion (about U.S. $254 million) “to mitigate the negative effects of the coronavirus pandemic”. All accounts with debts and defaults up to EGP 100,000 (U.S. $6,400) in November 2021 will have the debt cancelled. This is in addition to the bank’s previous announcement of the cancellation of debts up to EGP 25,000. The program is expected to benefit at least 45,000 customers of the bank. Egypt and Russia are discussing setting up a wheat duty-free logistic zone in Egypt that could hold up to 1 MMT of wheat. There is talk of forming a joint grain trading operation that would supply wheat to Egypt and neighbor...
After spending much of the year searching for a reason to stay, the bulls suddenly have several. Grain markets have strengthened, wheat is leading the charge, outside markets are becoming more supportive, and geopolitical and weather risks are once again demanding attention. Does that mean the...
Key Takeaways: Cover crops are gaining adoption as farmers seek to improve soil health, reduce erosion, and build more resilient cropping systems. While cover crops do not provide immediate revenue, their long-term benefits include improved nutrient retention, water management, and soil produc...
The latest EIA data showed some interesting anomalies in the ethanol industry, changes that will have a material impact on the industry’s profits and corn consumption for 2025/26 and early 2026/27. The EIA reported that ethanol production fell 4.8 percent for the week ending 10 July...
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.