News Updates EGYPT COMMENTS The state of the Egyptian government and economy seems to change daily, adding a great deal of insecurity to the business environment. President Morsi's issuing and annulling of new decrees certainly is not helping stabilize the country. In the latest on-and-off situation, new tax laws -- laws that may be needed to meet IMF requirements -- were announced on Sunday only to be subsequently canceled on Monday. Meanwhile, the grain trade is in constant need of supplies and uncertainty regarding government actions is forcing many buyers to purchase more hand-to-mouth instead of longer-term commitments. Grain users' reluctance is therefore leaving large importers with an extremely high level of risk with goods on-han...
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.
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...