Export Sales and Shipments for February 7-13, 2025. Wheat: Net sales of 532,700 metric tons (MT) for 2024/2025 were down 7 percent from the previous week, but up 31 percent from the prior 4-week average. Export shipments of 232,700 MT were down 60 percent from the previous week and 43 percent from the prior 4-week average. The destinations were primarily to South Korea (68,700 MT), Mexico (64,800 MT), Panama (27,500 MT), Japan (26,700 MT), and Taiwan (24,700 MT). Corn: Net sales of 1,453,800 MT for 2024/2025 were down 12 percent from the previous week and 5 percent from the prior 4-week average. Export shipments of 1,606,200 MT--a marketing-year high--were up 19 percent from the previous week and 16 percent from the prior 4-week average. Th...
What You Need to Know Today: Crude oil prices dropped sharply with traffic flowing through the Strait of Hormuz. There were reports that Iran was behind an attack on a cargo ship near the coast of Oman, which would be a violation of the memorandum of understanding between the U.S. and Iran. Pr...
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...
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.