Analysts at Rabobank looked at future food needs in Sub-Saharan Africa and concluded that wheat imports will increase and so will the need for milling capacity. Although its wheat production has been expanding, the region already imports almost 73 percent of its wheat consumption. Its wheat yield at 2.92 MT/Ha is better than some other crops, which may make it more challenging to further improve. The region is mostly self-sufficient in its most popular food grain, maize, but the population growth rate at 2.53 percent is faster than the rate of production increases for the crop. The average maize yield is less than a fifth of that of the U.S. so there is a lot of room for improvement. Africans consume about the same amount of r...
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.