Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Morocco has announced that the duty on durum and soft wheat imports will be suspended from 1 January - 30 April 2020. This is being done to “ensure a regular supply of wheat and to maintain price stability”. Trade experts say that Morocco may have to import as much as 8.2 MMT of all cereals, including about 4.8 MMT of wheat – this due to the very dry year and poor local crops. Morocco has opened a tender for U.S. durum wheat as the import tax on durum wheat has also been lifted. The tender is for about 350,000 MT for arrival by 21 May 2020. The durum wheat crop in the U.S. has not been very good this year so Morocco will probably find that U.S. prices will be muc...
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.