News Updates MEDITERRANEAN AND MIDDLE EAST COMMENTS This week there were quite a few comments in the press and from various organizations on the grain situation in Syria. FAO is reviewing the 40 percent decline in Syrian wheat production, which is a reduction both from its 2011 high and 50 percent lower than historical levels. Syria will require about 1.5 MMT of wheat imports in 2013, 300,000 MT of barley and just over 1.4 MMT of corn. FAO actually shows an increase in local barley production for 2013, which at a total of almost 1 MMT, will be higher than the level reached in recent years. Syria's corn importation level is to be expected, as the country does not grow corn and must meet feed demands of close to 2 MMT.FAO states that it wil...
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.