World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for March 8-14, 2024 Wheat:  Net sales reductions of 109,600 metric tons (MT) for 2023/2024--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average. Export shipments of 395,900 MT were down 13 percent from the previous week and 9 percent from the prior 4-week average. The destinations were primarily to Mexico (141,500 MT, including 6,600 MT - late), South Korea (85,400 MT), China (51,800 MT), Algeria (34,200 MT), and Japan (32,800 MT). Corn:  Net sales of 1,185,800 MT for 2023/2024 were down 8 percent from the previous week, but up 10 percent from the prior 4-week average. Export shipments of 1,528,500 MT--a marketing-year high--were up 21 percent from the p...

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Summary of Futures

Mar 26 Corn closed at $4.47/bushel, up $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.155/bushel, up $0.0575 from yesterday's close.  Jan 26 Soybeans closed at $10.5325/bushel, up $0.04 from yesterday's close.  Mar 26 Soymeal closed at $301.9/short ton, up $0.8 from y...

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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.

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