Export Sales and Shipment for July 26-August 1, 2024 Wheat: Net sales of 274,000 metric tons (MT) for 2024/2025 were down 4 percent from the previous week and 23 percent from the prior 4-week average. Export shipments of 496,600 MT were up 9 percent from the previous week and 20 percent from the prior 4-week average. The destinations were primarily to Mexico (80,900 MT), Italy (78,000 MT), Panama (61,900 MT), Ecuador (57,900 MT), and Yemen (53,200 MT). Corn: Net sales of 485,400 MT for 2023/2024 were up noticeably from the previous week and up 32 percent from the prior 4-week average. Export shipments of 1,303,300 MT were up 26 percent from the previous week and 23 percent from the prior 4-week average. The destinations were p...
From the monthly cold storage report it is interesting to look at the poultry numbers and changes due to HPAI that has been plaguing the sector to some degree since 2022. Total chicken in cold storage was up 1.1 percent on the year and up 0.9 percent on the month. For eggs, the total inve...
Argentina Export Tax Reform The Argentine government announced a new long-term schedule for reducing export taxes ("retenciones"), one of the main policy tools affecting agricultural profitability and farmer selling decisions. Export taxes are applied directly to export values and have historic...
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.