Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt has advised that fuel prices will be reviewed every three months after recent increases of up to 30 percent. The subsidized fuel prices there will be based on world fuel prices as well as the value of the Egyptian pound against the USD. Reports in Egypt say that poultry prices will have to increase due to the higher costs of cooling/heating poultry houses and transporting grain from the port to farms. However, the government says that bread prices will not rise. Egypt is setting up a National Food Safety Authority (NFSA) to “improve regulatory oversight and efficiency in the food system.” It is expected to “play a crucial role in enhancing the efficiency of the g...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.