Export Sales and Shipments for January 24-30, 2025. Wheat: Net sales of 438,900 metric tons (MT) for 2024/2025 were down 4 percent from the previous week, but up 41 percent from the prior 4-week average. Export shipments of 264,800 MT were down 55 percent from the previous week and 24 percent from the prior 4-week average. The destinations were primarily to the Philippines (55,000 MT), South Korea (40,000 MT), Egypt (38,300 MT), Japan (38,200 MT), and Ecuador (33,000 MT). Corn: Net sales of 1,477,200 MT for 2024/2025 were up 9 percent from the previous week and 32 percent from the prior 4-week average. Export shipments of 1,352,300 MT were up 2 percent from the previous week and 4 percent from the prior 4-week average. The desti...
What You Need to Know Today: Corn, wheat, and the soy complex all formed new contract or at least rally highs to close what has become one of the most uniformly bullish weeks in CBOT history. Escalations in the fighting between Russia and Ukraine and attacks on civilian merchant vessels show n...
The Federal Reserve Board holds an annual meeting in Jackson Hole, Wyoming, each year about this time, and this year’s meeting is now. It’s always a “must-watch” event, but this year, amidst persistent inflation and with a new Fed chairman, Kevin Warsh, it drew additiona...
You cannot escape the vortex of opinions about water scarcity in the Western United States, especially in the drought-stricken Colorado River Basin. Agriculture is the villain in many of these editorials. Agriculture uses too much water, so it should use less, is the refrain. We all wish it was...
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.