Mediterranean/Middle East/North Africa/Africa – MENA Region Pakistan has made “major amendments” to its biosafety regulations that it says will “simplify licensing procedures, ease import restrictions and facilitate laboratory research”. Companies will have to apply for licenses for specific GMO events which, when approved, would allow freedom for importation. Egypt continues to be the largest importer of wheat, importing as much as 13.0 MMT of wheat annually. The government has plans to increase local wheat production to 10 MMT and will purchase about 5.0 MMT for its subsidized bread program. Experts do not expect wheat imports to drop as population and consumption continue to increase. Also, private sector wh...
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.
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan has just held its first meeting of the Committee on GM Corn. The Committee was established to "undertake an objective, science-based, and evidence-driven review of Pakistan’s policy regarding the commercialization o...