News Updates Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The Oman Food Investment Holding Company (OFIC) is planning to invest $100 million in a facility that can produce 750,000 MT of soymeal and 175,000 MT of soyoil annually, which should be sufficient to cover 100 percent of Oman’s needs for the former. Poultry production there is expected to quadruple from 30,000 MT per year to 120,000 MT over the next five years, and the soymeal production will help keep feed costs reasonable. Once the project is completed, Oman will need to import at least 1 MMT of soybeans each year to keep the new facility supplied. The “Regional Preparatory Meeting on Water Issues” was held in Beirut, Lebanon last week in conjunction w...
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.