Regional News Romania’s government announced a drought compensation program for farmers that will range from €200-250/ha with the total aid expense projected to reach €600 million. Algeria purchased durum wheat at prices of $328-332/MT FOB with the grain likely sourced from Canada or Turkey, per sources. The purchase volume was not specified but the tender was for 50 KMT. The EU introduced a temporary tariff of 36.4 percent on the import of biodiesel and some processed vegetable oils from China. Ukraine’s Ministry of Agriculture and the country’s grain traders signed the traditional memorandum of understanding (MOU) for wheat exports, which sets the quota for 2024/25 at 15.2 MMT. Yeste...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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.