Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS At least 10 shipments of wheat (totaling 170,000 MT) have been delivered to Syria over the past 10 months from Crimea, which has had difficulties exporting that grain since being annexed by Russia and impacted by trade/financial sanctions. Syria has allegedly been paying for part of those stocks with olive oil exports to Crimea. Some industry experts have said that this trade is purposely with Crimea and not Russia to avoid any negative effect on the world’s attitude toward Russian wheat exports. With local production at about 1.4 MMT and a maximum 400,000 MT of consumption, Crimea is said to have 1 MMT of wheat available for export. Lebanon has also been a major destination for th...
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...