News Updates EGYPT COMMENTS GASC Vice Chairman Nomani Nomani last week said there is no reason to be concerned about supplies of wheat or wheat flour and that state wheat stocks are sufficient to cover all needs until late June. Nomani also said that GASC does not have any financial problems that would limit wheat purchases or payments. However, the government's recent inability to promptly pay for imported fuel supplies does concern international grain traders, and some are worried that the lack of available funds could affect other departments, perhaps even GASC. But according to GASC, the agency has the financing it needs in hand prior to opening any tender, so there is no risk to international sellers or the people of Egypt.Meanwhile,...
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...