Export Sales and Shipments for April 25-May 1, 2025. Wheat: Net sales of 69,700 metric tons (MT) for 2024/2025 were down 3 percent from the previous week, but up noticeably from the prior 4-week average. Export shipments of 493,500 MT were unchanged from the previous week, but up 10 percent from the prior 4-week average. The destinations were primarily to Mexico (158,500 MT), the Philippines (118,500 MT), Thailand (58,100 MT), Ecuador (49,400 MT), and Japan (35,900 MT). Corn: Net sales of 1,662,500 MT for 2024/2025 were up 64 percent from the previous week and 47 percent from the prior 4-week average. Export shipments of 1,819,500 MT were up 14 percent from the previous week and 5 percent from the prior 4-week average. The...
What You Need to Know Today: The cattle market rebounded sharply this week, with January feeder cattle futures gaining $16.98/cwt and February live cattle futures advancing $7.60/cwt since last Friday. Tyson Foods' plans to restore a second processing shift at its Amarillo, Texas, facili...
Tuesday’s CPI report from the Bureau of Labor Statistics (BLS) showed inflation roaring back stronger than expected in October. That probably locks in another rate hike – which was expected anyway – at the Federal Open Market Committee (FOMC) meeting in December. Consumer pric...
Key Takeaways: The rationale for farm programs has changed significantly from their original intentions. Farmers’ incomes have grown sharply and have surpassed non-farm incomes beginning in the 1970s. Current farm programs are complex and focus on supporting risk management, environmenta...
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.