News Updates MEDITERRANEAN AND MIDDLE EAST COMMENTS In a further expansion in Middle East agricultural investments, Al Dahra Agriculture, a UAE-based company, will share a joint venture with the Serbian government to build five feed mills in Serbia. Al Dahra expects its Serbian agricultural investments to increase to $400 million in the next few years.The GMO situation in Turkey continues to be very difficult. This week the Turkey Biosecurity Board rejected the applications for approval of 26 GMO items, including corn, sugar beets and rapeseed. Currently there are several types of GMO corn and soybean/soymeal allowed for importation that can only be used by the animal feed industry. A recent discovery of GMO rice in Mersin port and the re...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.