MEDITERRANEAN/MIDDLE EAST COMMENTS The World Bank expects the Egyptian economy will grow by 5.8 percent this fiscal year which began 1 July 2019. Growth is expected to be much the same for 2020/21. Experts are very happy with the progress that Egypt has made with falling inflation, balanced budgets, a stronger currency and lower debt. However, while the experts may all be happy, the same cannot be said for most Egyptians who have not seen any benefit from the improved economy – most were hit very hard by the reduction or elimination of government subsidies. Turkish forces are reported to have taken over the Syrian grain silos in Ras al-Ayn in northern Syria. They have also “liberated” farmland and 16 village...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.