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: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
The Middle East is said to be undergoing a transformation as economic priorities transcend security concerns. This is evidenced by diversification away from oil and the UAE’s departure from OPEC. Meanwhile, the Palestine issue has been deprioritized, and Iran has emerged as more destabili...
All eyes are shifting to the Senate following the House passage of a farm bill last Thursday. Senate Agriculture Committee Chair John Boozman (R-Arkansas) is targeting the end of May or early June for a bill markup. According to Boozman, the House “going ahead and passing something was re...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.