News Updates EGYPT COMMENTS There is a great deal of concern in Egypt that the current political turmoil will make it difficult for the IMF to follow through with its plans to loan the country $4.8 billion. Trade experts said that the IMF does not want to negotiate strict loan requirements when the situation in Egypt is anything but calm. A senior government official said that the country needs long-term structural financial support from the IMF, not short-term, stop-gap loans. The IMF, however, said it is looking at a stop-gap program that could provide immediate assistance. Some experts said that it might be easier for both the IMF and Egypt if a long-term agreement is delayed. Current inflation levels already are at a reported 8 percen...
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: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...