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...
The Senate Agriculture Committee will take up the farm bill next week, and a number of amendments targeting the meat industry are expected to be offered. Two of the most potentially damaging are the Schumer amendment, based on his bill, the Family Grocery and Farmer Relief Act, and mandatory co...
Oliver Goldsmith's The Deserted Village, published in 1770, is of a timeless quality. It is a 425-line lament for a disappearing rural world, where prosperous villages give way to larger estates, fewer farmers, and emigration. One passage even follows those leaving for the new colony of Georgia...
The industry has spent two years bracing for GLP-1 medications to hollow out demand, but the data so far tells a more interesting story. Roughly one in eight adults currently uses a GLP-1, and an additional 29 percent of non-users say they would consider it if it became more accessible and cost...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.