News Updates With the Middle East and North Africa (MENA) region closed for the Eid holidays last week, new developments in the grain business have been very limited. MEDITERRANEAN/MIDDLE EAST COMMENTS The Egyptian government announced that it will issue fuel smart cards to 1100 companies that are major users of subsidized fuel. However, it seems that these cards will be directed mainly toward the construction, tourism and service industries as well as non-licensed vehicles such as farm equipment. There was little mention of distribution to the many transport companies in Egypt, and it is not yet clear what the government intends to do. The industry assumes that they will be provided with these cards. If not, the cost of tr...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.