Export Sales and Shipments for April 21-27, 2023 Wheat: Net sales of 211,100 metric tons (MT) for 2022/2023 were up 36 percent from the previous week and 14 percent from the prior 4-week average. Export shipments of 288,900 MT were down 5 percent from the previous week, but up 17 percent from the prior 4-week average. The destinations were primarily to Egypt (55,000 MT), Japan (43,600 MT), the Dominican Republic (39,900 MT), Mexico (36,500 MT), and Italy (18,200 MT). Corn: Net sales reductions of 315,600 MT for 2022/2023--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average. Export shipments of 1,699,200 MT--a marketing-year high--were up 58 percent from the previous week and 54 p...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.