The latest USDA FAS GAIN report for Turkey shows 2015/16 production of wheat, barley and corn will be higher. Although imports of these three grains are expected to decline as a result, the drop in those of wheat will be lower than production growth because of one particular factor. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt has reportedly rejected three wheat cargoes: 63,000 MT of French origin to GASC and two smaller shipments to the private sector. All rejections are said to be due to the presence of high ergot levels. According to Egyptian government officials, the French shipment was found have levels at 0.07-0.09 percent, well over the 0.05 percent maximum set by GASC. The cargo from France is allegedly being returne...
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.