Regional News Turkey decided to reduce its import tax on sunflower seeds from 27 to 12 percent and on sunflower oil from 36 to 22 percent. Milling Wheat European wheat markets were mostly steady through Thursday last week, but Paris futures broke sharply lower on Friday. European markets continue to see stiff competition from the Black Sea, which the recent decline in the euro versus the U.S. dollar has only partly offset. Prices for physical wheat were mostly steady in Germany and lower in France as European shippers seek to compete with the dominant Black Sea supplies. Despite the competition from the Black Sea, French grain export loadings remain high, and Algeria and Egypt bought a large volume of EU wheat la...
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.