Regional News Wheat shipments through the Suez Canal have fallen 40 percent in the first half of January, due to the ongoing Houthi rebel attacks in the Red Sea and Gulf of Aden. Crop consultants report limited damage to waterlogged winter crops in France and Germany from the recent cold snap. However, the rain remains a concern for planting season, and the same holds true for the UK. Milling Wheat Global wheat prices are steady/lower with competition from Russia weighing on export opportunities. EU prices followed this trend and scored new contract and multi-year lows early last week. The EU markets ended down about €5/MT last week, with Egypt’s snap tender purchase of 60 KMT of French wheat offering...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...
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.