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...
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.
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...