Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt is talking to France about 35 million Euros for the funding of small and medium agriculture organizations. The discussions were announced by the French ambassador in a speech last week. It is expected that much of the funding could go to the livestock and dairy industries where the Egyptian government has long-term development plans. Egypt is expected to see participation in wheat tenders from Serbia. Serbia has not participated in Egypt wheat business in close to 40 years but has been approved by GASC. Serbia forecasts to have about 1.0 million m/t of wheat available for export this year and has made North Africa a target for exports. Serbia’s wheat production is fore...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
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.