Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Al Dahra Holdings of Abu Dhabi has announced that it will invest $500 million in Romania with the goal of producing 1 MMT of grain by 2022. Most of the funding will be used to acquire farmland and modernize agricultural equipment. The company also says that it hopes to invest in Constanza port to facilitate grain exports. Al Dahra has existing investments in Romania and owns the largest farm producer in the country. It has also invested in other Eastern European countries in recent years. The latest FAO report on Morocco shows that 2018 wheat and barley production are up approximately 3 percent at 7.33 MMT and close to 17 percent at 2.92 MMT, respectively. Corn production, which is norm...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.