Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Saudi Arabia’s Almarai Dairy has seen its last quarter of 2020 sales drop by 46 percent but profits for the period were up by 7 percent. Profit growth was due mainly to increased margin on export business to Egypt, Jordan and other regional countries. The company also has poultry interests and this area showed profit growth of 30 percent. Abu Dhabi is to construct a new grain storage and processing facility in Khalifa port. The facility is planned to have 300,000 MT of grain storage. The facility will be built by Anchorage Investment and managed by National Feed and will be on land leased for 50 years from Abu Dhabi Ports. Once completed it will produce wheat flour...
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
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.