Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Turkey has protested to the WTO about the Philippines extending its antidumping duties on Turkish flour. The Philippines intends to extend the duty by three years. It is interesting to note that, even with the antidumping duty, Turkey is still the largest supplier of wheat flour to the country with just over 44 percent of all wheat flour imports. The current rate of duty for Turkish wheat flour can be as high as 29.57 percent, covering 16 named Turkish exporters. Wheat prices are expected to stay strong in coming weeks as major wheat importing countries (Turkey, Jordan, Tunisia, and Egypt) seem to be buying larger than normal quantities of wheat and are building much larger th...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.