News Updates MEDITERRANEAN AND MIDDLE EAST COMMENTS Al Dahra Company of Abu Dhabi announced that it is investing $400 million to purchase eight Serbian farm and agriculture companies, with plans to improve and expand planting and processing for export to markets in the Middle East. This financing is said to be in partnership with a similar investment of $400 million from the UAE Development Fund.A consortium of Saudi Arabian companies working with the Saudi government has purchased a controlling share of Continental Farmers Group, an EU-based, London traded agricultural organization with farming investments in Poland and Ukraine. The Saudi group includes Almarai Diary, Al Rajhi Grain and the Saudi Public Investment Fund. A spokesman for t...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
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 €...