Brazil last week reported a case of atypical Bovine Spongiform Encephalopathy (BSE); it was discovered in a seven-year-old cow in the northern state of Pará. About 25 percent of Brazil’s beef herd is in the northern region. Lab tests from the World Organization for Animal Health facility in Alberta are expected this week. According to a statement from the Ministry of Agriculture (MAPA), “Based on the result, the appropriate actions will be applied immediately.” Compare that with the cases in 2021. MAPA confirmed on 4 September 2021, two atypical cases BSE in New Canaã do Norte (MT) and Belo Horizonte (MG). However, those cases were not reported for months. As a result, Saudi Arabia, Egypt, Indonesia, Iran, t...
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.
What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
The Middle East is said to be undergoing a transformation as economic priorities transcend security concerns. This is evidenced by diversification away from oil and the UAE’s departure from OPEC. Meanwhile, the Palestine issue has been deprioritized, and Iran has emerged as more destabili...
CORN Argentina In Argentina, after several weeks of intense and frequent rainfall, weather conditions have improved, with clear days, dry cold, and wind supporting both soil and grain drying. Harvest activity has resumed; however, producers continue to prioritize soybeans, limiting progress in...