A recent Rabobank report says the poultry industry will grow more than 60 percent over the next 20 years, but the expansion will be far greater percentage-wise in Sub-Sahara Africa than globally. While that sector has not previously attracted much investment there, the report indicates a reason why this is changing. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The latest International Grains Council (IGC) report shows the 2016/17 Moroccan wheat crop to be down from 8.1 MMT to only 2.7 MMT with wheat imports set at about 4.3 MMT. Morocco expected the low wheat production and built reserve stocks at the end of the last crop year, which is why the imports aren’t any higher. Meanwhile, corn imports for 2016/17 are viewed as unchanged...
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.