Export Sales and Shipments for June 21-27, 2024 Wheat: Net sales of 805,300 metric tons (MT) for 2024/2025 primarily for Mexico (154,700 MT), the Philippines (154,400 MT, including decreases of 1,500 MT), Taiwan (104,200 MT), Brazil (90,000 MT), and South Korea (67,400 MT), were offset by reductions for Jamaica (1,500 MT). Export shipments of 308,600 MT were primarily to Indonesia (75,500 MT), the Philippines (64,400 MT), South Korea (41,100 MT), the Dominican Republic (31,900 MT), and Nigeria (26,300 MT). Corn: Net sales of 357,200 MT for 2023/2024 were down 34 percent from the previous week and 57 percent from the prior 4-week average. Export shipments of 894,400 MT were down 24 percent from the previous week and 34 percent...
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.