Export Sales and Shipments for January 17-23, 2025 Wheat: Net sales of 456,100 metric tons (MT) for 2024/2025 were up noticeably from the previous week and up 96 percent from the prior 4-week average. Export shipments of 588,900 MT were up noticeably from the previous week and up 97 percent from the prior 4-week average. The destinations were primarily to South Korea (163,200 MT), Japan (143,900 MT), Thailand (84,600 MT), Mexico (78,600 MT), and the Philippines (58,200 MT). Corn: Net sales of 1,358,500 MT for 2024/2025 were down 18 percent from the previous week, but up 39 percent from the prior 4-week average. Export shipments of 1,320,200 MT were down 13 percent from the previous week, but up 9 percent from the prior 4-week average. The d...
What You Need to Know Today: Agricultural commodities were mostly lower on the day, with red-hot soyoil a notable exception. Export sales were a bit underwhelming, particularly for corn with export sales down 52 percent week-over-week. The weakness in ag markets tracked crude oil weakness wit...
With the war in Iran affecting fuel and fertilizer prices, higher tariffs, weak commodity prices, ag labor constraints, and other factors, farm bankruptcies are now at a 6-year high, a signal of growing stress. During the month of April, 62 Chapter 12 bankruptcies were filed, which is a 1...
Food Inflation The Open Markets Institute, which is notably funded by several “anonymous” donors and liberal foundations, obtained a guest editorial in the New York Times in which they blame agribusiness concentration for higher grocery prices. This is their schtick and it is politi...
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.