Export Sales and Shipments for December 20-26, 2024 Wheat: Net sales of 140,600 metric tons (MT) for 2024/2025--a marketing-year low--were down 77 percent from the previous week and 68 percent from the prior 4-week average. Export shipments of 381,900 MT were up 2 percent from the previous week and 17 percent from the prior 4-week average. The destinations were primarily to South Korea (85,900 MT), Mexico (76,800 MT), Thailand (66,900 MT), Italy (40,200 MT), and Taiwan (32,300 MT).Corn: Net sales of 777,000 MT for 2024/2025 were down 55 percent from the previous week and 44 percent from the prior 4-week average. Export shipments of 1,002,500 MT were down 11 percent from the previous week and 9 percent from the prior 4-week average. The...
We at WPI hear frequently that U.S. agriculture is broken and needs fixing. This argument is often heard in MAHA-related discussions and focuses on highly processed food consumption or the overuse of pesticides and chemical fertilizers. Among farmers and food processors, however, especially tho...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
There was heavy volume exiting soybeans, which dragged down the broader market today. The lack of a specific Chinese buying commitment for soybeans undermined speculators who had placed bets on state-directed trade. But even the Chinese do not totally ignore market fundamentals. They may still...
On Tuesday, 12 May, WPI reported on an Executive Order being prepared by the Trump Administration to suspend tariff rate quotas (TRQs) on beef from all exporters for 200 days as a means of addressing high beef prices in the United States. After considerable pushback from cattle producer groups,...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.