News Updates EGYPT COMMENTS The biggest news out of Egypt this week was Nomani Nomani's resignation from GASC after several years of overseeing wheat purchases for the Egyptian government. Speaking from many, many years of experience in the Egyptian grain market, I must say that Nomani had done an outstanding job for GASC and for Egypt. During his tenure, he was able to tighten up quality requirements -- both on paper and in fact -- and to expand the origins for wheat to Egypt at quality levels the country required. The expansion of origins alone probably saved Egypt millions of dollars yearly. The trade hopes that his replacement is able to do as good a job as Nomani did.There also has been a great deal of discussion this week about the...
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...