Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The latest USDA-FAS report on Jordan indicates the country will import 1.1 MMT of wheat in 2018/19 along with 750,000 MT of barley and 800,000 MT of corn. The wheat is entirely for flout milling, while the barley and corn are intended for animal feed use. Jordan is a very small producer of grains (mostly wheat) at perhaps 30,000 MT in total, and it depends on imports for 100 percent of its requirements. Both import and consumption levels are quite steady. Jordan is currently completing two silo projects that should greatly help with reserve grain storage: one in Aqaba and another in Amman with capacity for 225,000 MT and 125,000 MT, respectively. The country’s total consumption of...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.