Export Sales and Shipments for July 5-11, 2024. Wheat: Net sales of 578,500 metric tons (MT) for 2024/2025 were up noticeably from the previous week and up 1 percent from the prior 4-week average. Export shipments of 630,900 MT were up noticeably from the previous week and up 96 percent from the prior 4-week average. The destinations were primarily to Mexico (140,100 MT), South Korea (119,000 MT), Taiwan (97,300 MT), China (67,300 MT), and Peru (58,800 MT). Corn: Net sales of 437,800 MT for 2023/2024 were down 19 percent from the previous week and 10 percent from the prior 4-week average. Export shipments of 1,103,800 MT were up 26 percent from the previous week, but unchanged from the prior 4-week average. T...
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 Matters Today... Fed holds rates steady as inflation uncertainty tied to the Iran conflict pressures equities and supports broader commodity risk premia Biofuel demand accelerating globally, with U.S. imports of used cooking oil and strong soyoil demand reinforcing upside across the soy c...
Russian Grain Markets: 20-24 April 2026 During the week in review, the Russian grains market remained volatile with a broadly bullish undertone. However, it remains too early to determine whether this shift is being driven by geopolitical factors or short-term positioning. The market continues...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...