A Saudi consortium is said to be investing as much as $500 million in the redevelopment of 25,000 acres in one country along with what is said will be the largest poultry farming project in the Middle East and North Africa. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Contrary to the reports of last week, it appears that the 60,000 MT Romanian wheat cargo in Egypt found to contain poppy seeds has not actually been rejected yet. Further, the Egyptian government announced Monday night that a decision on the situation would be made following the Eid al Adha holidays, which means after 4 September.Egypt reports that its wheat reserves stand at just under 4.9 MMT and will be sufficient until 1 March 2018.Eid al Adha celebrations will b...
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.