Egypt reports that the country’s foreign exchange reserves are at the highest level since before the 2011 Arab Spring, reaching $36.0 billion, and that the trade deficit has fallen 46 percent. Much of it is attributed to two developments. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt reports that the country’s foreign exchange reserves are at the highest level since before the 2011 Arab Spring, reaching $36.0 billion, and that the trade deficit has fallen 46 percent. Much of this is said to be related to the revaluation of the Egyptian pound, which has reduced demand, as well as the increase in local bank interest rates that are currently at 22+ percent per annum. The drop in the value of the pound has also made Egyptian expo...
There are plenty of major headlines moving across the markets today, but the reaction beneath them remains cautious. Crude oil is holding steady despite reports of progress involving the Strait of Hormuz, corn and soybeans remain tied to changing weather forecasts, and wheat continues to weigh...
Key Takeaways: Sugarcane is the world’s largest crop by total production volume, surpassing major commodities such as corn, wheat, and soybeans, and supplies roughly 80 percent of global sugar production. Sugarcane’s perennial growth cycle allows farmers to harvest multiple crops f...
Russian Grain Markets: 27–31 July 2026 Russian grain prices declined sharply during the week under review as new-crop supplies entered the market and demand weakened. Corn and barley prices declined, while both milling and feed wheat and rye experienced larger losses. The harvest campaign...
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.