News Updates EGYPT COMMENTS IMF officials are now in Cairo to negotiate the $4.8 billion loan that has been discussed for several months now. The IMF group is expected to be in Egypt for at least two weeks and will be reviewing the government's economic reform programs. The country is in need of economic programs that can reduce the budget deficit while still allowing the economy to grow. Currently about half of the government's subsidies, representing 27 percent of the total budget, relate to energy items. The Egyptian government said that it can only agree to loan terms that meet Islamic banking laws, and that it will not and cannot pay interest on any loan. The government also announced that there will be added taxes on cigarettes, mob...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.