Export Sales and Shipments for July 28-August 3, 2023. Wheat: Net sales of 567,600 metric tons (MT) for 2023/2024--a marketing-year high--were up 35 percent from the previous week and 86 percent from the prior 4-week average. Export shipments of 351,800 MT were down 31 percent from the previous week and 8 percent from the prior 4-week average. The destinations were primarily to Mexico (101,600 MT), the Philippines (57,900 MT), Taiwan (52,700 MT), Ecuador (35,300 MT), and South Korea (35,200 MT). Corn: Net sales of 150,400 MT for 2022/2023 were up 40 percent from the previous week, but down 47 percent from the prior 4-week average. Export shipments of 478,400 MT were down 24 percent from the previous week, but unchanged from th...
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.