Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The Egyptian government reports that it has bought 2.2 MMT of local wheat against a target purchase of 3.6 MMT. Pakistani officials indicate that the local wheat crop will total about 24.3 MMT, down from 25.6 MMT last year, and the stocks are reported to be at 5.3 MMT. However, some experts say that production will be lower as final results from Punjab are not yet available since harvest is still progressing. It is also reported in Pakistan that the use of hybrid corn seed led to the quadrupling of yields from 1996 to 2017, but experts point out that there is little chance for them to further improve without the introduction of GM varieties. It is expected that GM corn seed can boost c...
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.