Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Russia and Syria are reportedly about to cooperate on a wheat hub in the latter country for the Middle Eastern wheat import markets. This project will mean an expansion of ports there with added grain storage and transshipment facilities along with improved domestic railway and road links. Cairo Poultry, one of Egypt’s largest integrated poultry companies, reports that profits are down almost 68 percent in the first nine months of 2018 despite higher sales of just over 6 percent during the same period. There was no published comment on the reason for the decline in profits. Turkey, the UAE and India (among others) have been granted waivers by the U.S. that will allow those countr...
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: 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...