Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Saudi Arabia’s National Grain Co intends to build a new grain terminal in Yanbu port with a capacity of 96,000 MT of silo storage and 60,000 MT of flat storage. The terminal is to have 800 MT per hour discharge and will be able to handle up to 3 MMT of grain per year. This is to be the first dedicated grain terminal in Yanbu port. Israel says it will give discharge priority to grain vessels due to concerns about possible shortages of supply. Priority will be temporary with the current program lasting until 24 April. Both Ukraine and Russia have been important grain suppliers to Israel. Egypt says it has been assured by the Russian minister...
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.