Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt has announced that Abu Dhabi Ports Group will build a multipurpose shipping terminal in Ain Sokhna Port on the west side of the Gulf of Suez. Ain Sokhna will shortly be connected by a rail network to the Mediterranean --- Ain Sokhna is about 400 miles south of the Mediterranean. The new rail line will be used for both passengers and cargo. Egyptian authorities have decided that all wheat farmers in the country must sell a share of their wheat crop to the government. To help support farmers, the price for local wheat has been increased to about $380 MT. Failing to deliver the proper share of the wheat crop to the government could result in large fines...
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: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...