News Updates MEDITERRANEAN AND MIDDLE EAST COMMENTS Turkey looks to be having a very good year for grain crops, as wheat, barley and corn production are all expected to be up over last year and up over the five-year average. Wheat production is expected to be just shy of 22 MMT, which is up about 10 percent; barley at 7.9 MMT is up by 11 percent; and corn at just below 5 MMT is up by close to 8 percent. Wheat imports will still be needed, but the volume is forecasted to drop from 4.5 MMT to about 3.8 MMT. Turkey will continue to be a major exporter of wheat flour and durum wheat, with exports just about equaling wheat imports at just over 3.8 MMT.The wheat crop in Turkey is said to be up due to a change in government policy that has motiv...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.