Zambia reports that it has received many maize export requests from neighboring countries that it is unable to meet. Zimbabwe is said to have asked for 500,000 MT with other requests totaling up to 400,000 MT. While the FAO says that Zambia's 2016 stocks plus the harvest will feed the country, imports may be required next year. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Of interest to all grain importers in the Middle East/North Africa (MENA) region are the many stories this week about Russia adding an export tax to corn and barley. There are conflicting reports that it has either been decided or is being considered, while other expert comments indicate it will not happen at all. The actual decision will not be known until Russi...
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...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.