World Perspectives
feed-grains soy-oilseeds wheat

Middle East and Mediterranean Regional Analysis

News Updates EGYPT COMMENTS GASC, Egypt's main government wheat buyer, has officially dropped Ukraine from its list of approved suppliers. However, it was also mentioned that in the future Ukraine can be reconsidered for the approved list if they can meet the conditions set by Egypt. As previously reported, GASC has agreed to early shipment for their two outstanding wheat shipments in order to guarantee shipment. GASC expects to import another 1.5 million MT of wheat in the next few months and does have a long list of potential suppliers.Traders in Egypt expect that the next GASC wheat tender will be shared between the U.S. and France, as Black Sea supplies are running out and prices are becoming less competitive. Of course, the exchange...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.  Jan 26 Soybeans closed at $11.215/bushel, down $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $317.4/short ton, down $3...

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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.

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