Export Sales and Shipments for May 30-June 5, 2025 Wheat: Net sales of 388,900 metric tons (MT) for the 2025/2026 marketing year, which began June 1. Export shipments for June 1-5 of 115,700 MT were to the Philippines (57,500 MT), Taiwan (33,000 MT), Mexico (19,000 MT), the Dominican Republic (5,700 MT), and Canada (500 MT). Corn: Net sales of 791,300 MT for 2024/2025 were down 16 percent from the previous week and 33 percent from the prior 4-week average. Export shipments of 1,691,000 MT were up 3 percent from the previous week and 8 percent from the prior 4-week average. The destinations were primarily to Mexico (493,000 MT), Taiwan (281,700 MT), South Korea (199,000 MT), Japan (140,900 MT), and Colombia (129,100 MT). Soybeans: Net sales...
What You Need to Know Today: The U.S. and Iran resumed missile strikes after a brief pause in fighting, raising concerns that the five-month conflict could expand across the Middle East. Jordan intercepted Iranian missiles, Kuwait reported a fatal strike, and drone attacks damaged two natural...
The Senate Agriculture Committee will take up the farm bill next week, and a number of amendments targeting the meat industry are expected to be offered. Two of the most potentially damaging are the Schumer amendment, based on his bill, the Family Grocery and Farmer Relief Act, and mandatory co...
Oliver Goldsmith's The Deserted Village, published in 1770, is of a timeless quality. It is a 425-line lament for a disappearing rural world, where prosperous villages give way to larger estates, fewer farmers, and emigration. One passage even follows those leaving for the new colony of Georgia...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.