Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Turkish flour miller Ulusoy Un Sanayi has received $25 million in six year debt facility from Hollands FMQ development bank. Ulusoy is one of Turkey’s largest flour millers with its business split 50/50 between local flour business and flour exports. FMQ had previously provided Ulusoy with a $18 million mill construction facility. Pakistan’s wheat flour prices reportedly increased by 10 percent this week which experts say is not justified as wheat prices are steady and supply is adequate in most areas. Press reports blame the increase on the smuggling of wheat and flour out of Pakistan. However, millers say that high prices are due to them having to buy expensive i...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.