Regional News Egypt has reportedly secured a long-term contract with Germany to buy wheat from the European nation, though details on the agreement are sparse. Russia’s total wheat planted area for 2023 is projected to reach 29.05 Mha, down from 29.468 Mha seeded in 2022. Romania reported an outbreak of H5N1 avian influenza on a farm in the center of the country on Monday. This is the first occurrence of the disease in Romania since May 2022. Milling Wheat Wheat markets around the world are higher this week as Russia’s renewed offensive efforts in Ukraine add uncertainty to the wheat supply situation. Additionally, cold and dry weather in the U.S. has helped spark strength in wheat futures as has new...
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.