Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Pakistan sees a wheat cargo of 59,700 MT arrive with another 58,000 MT to arrive this week. The Trading Corporation of Pakistan (TCP) is “under directives” to import 2.3MMT of wheat this year and has imported 338,000 MT prior to the current vessels. Pakistan is expected to import 3 MMT of wheat this 2021/22 year. Pakistan will supply 50,000 MT of wheat to the World Food Program – 10,000 MT as a donation and 40,000 as a sale – for use in Afghanistan. The wheat will be supplied by Pakistan from its imported wheat stocks. Wheat will be shipped in November/December. Pakistan’s wheat production target for 2021/22 is expected to be 30 MMT up from this...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: Iran says its definition of the Strait of Hormuz is now a “vast operation area” that stretches from Jask to Siri Island. The White House said President Trump did not sign a suspension of the TRQs on beef imports but is “finalizing potential...
If the media headlines and Trump critics are to be believed, President Trump is headed to Beijing this Thursday in a weakened position. China is in control, it has the upper hand, and expectations are very low. These are the same critics that argue against overly simplistic zero-sum analyses in...
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.