Zimbabwe’s acting president has said that the government’s program of buying maize at $390/MT from farmers and selling it to maize millers at $250 /MT is “very economic” for the country, and there are several reasons why. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt’s prosecutors have decided that the rejected Romanian wheat shipment can be sieved to remove poppy seeds, although there is of course no guarantee that this will eliminate all of them so that the shipment can be cleared for importation. The same decision has not been announced for the rejected French wheat cargo that is still “under investigation.” Reports in Egypt that the Romanian shipment had been sieved and was ready for sale have been questioned by the trade...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.