Researchers at Saudi Arabia’s KAUST University announced that they have identified a gene in barley that may increase yields in crops subjected to certain conditions. It was found in a variety that grows in northwest Iraq and produces a 30 percent higher yield under such circumstances. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The Eid Al Adha religious holiday begins in the Middle East on 11 September, and it will extend until the 16th of the month in many countries with banks, government offices and most businesses closed during this time. However, the official holiday period does vary between countries.Jordan reports that it has 1 MMT in wheat reserves after its most recent tender and that those stocks will be sufficient for...
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...
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.