Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA The first day of the Muslim holy month of Ramadan begins 24 April. Business is always more difficult during Ramadan due to shorter working hours, but this year will be even more difficult due to COVID-19 related lockdowns in many countries in the region. Ramadan will end on 24 May with the Eid al-Fitr celebrations. Importers of Romanian grains in the region were surprised this week by the ban on grain exports by the Romanian government to non-EU countries. Luckily for importers (and exporters) the ban was lifted a few days later so that grain shipments, mainly wheat and corn, should be as close to normal as COVID-19 restrictions allow. News reports say that part of the reason for li...
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.