Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt has revised its terms for government wheat purchases after suppliers were refusing to participate in recent tenders. The major change regards demurrage fees, which suppliers were previously responsible for at discharge and in some cases resulted in charges for weeks of delays. Now, however, they will only be held responsible for a maximum of 12 days demurrage at $12,000 per day. This equates to about $2.50/MT of demurrage risk, and suppliers will build this into their tender prices. Egypt’s GASC has also lowered its protein requirement for Russian, Ukrainian and Romanian wheat from 12 percent to 11.5 percent. This requirement for French wheat was cut from 11.5 percent to 11...
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
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Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
An Ankylosaurus lumbers along the shore of what’s now eastern Montana. Walking low to the ground, the dino uses its flat, leaf-shaped teeth to tear at ferns lining the water. Suddenly, a shadow looms over the herbivore—a Tyrannosaurus rex is hungry. But Ankylosaurus won’t be a...
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.