Regional News Egypt reiterated plans to achieve self-sufficiency in wheat supplies for the country’s subsidized bread program by 2028, although the target remains ambitious given current production and consumption dynamics. Egypt consumes approximately 21 MMT of wheat annually, with roughly 8.6 MMT allocated to the subsidized bread program. The government aims to narrow the deficit through expanded cultivated acreage, improved yields and broader adoption of modern agricultural technology. Authorities have also raised domestic procurement prices in an effort to incentivize greater wheat planting. Egypt’s government wheat procurement targets for 2026 are set at 5.0 MMT, with official purchases estimated at 1.39 MMT to date. Egypt&...
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: The U.S. weather forecast has shifted to favor more beneficial conditions for finishing the corn and soybean crops, which is removing some weather risk premium from futures. Traders are looking ahead to Friday’s September WASDE, which will offer major insight...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s government reports that it has purchased 750,000 MT of wheat that will be delivered in November 2026, along with another 250,000 MT for later delivery. The forecasted shortfall in wheat supply for 2026/27 could be...