MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONSyria has been added to Ukraine’s list of countries eligible for assistance under the “Grain from Ukraine” aid program – an initial shipment of 500 MT of wheat flour has been made to Syria by Ukraine.Ukraine expanded its “Grain from Ukraine” program to become “Food from Ukraine” which will now include a wider range of food items from Ukraine that can assist countries in need. Wheat flour and cooking oil are two items to be added with shipments of sunflower oil scheduled for Mozambique, Djibouti, and Tanzania.Egypt is looking at the use of locally grown “azolla” fern as a high protein, high amino acid addition to animal feed that could be used as a partial replacement for soymeal in p...
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.
What You Need to Know Today: Crude oil prices dropped sharply with traffic flowing through the Strait of Hormuz. There were reports that Iran was behind an attack on a cargo ship near the coast of Oman, which would be a violation of the memorandum of understanding between the U.S. and Iran. Pr...
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...