Export Sales and Shipments for August 9-15, 2024. Wheat: Net sales of 492,700 metric tons (MT) for 2024/2025 were up 45 percent from the previous week and 63 percent from the prior 4-week average. Export shipments of 470,200 MT were down 6 percent from the previous week, but up 9 percent from the prior 4-week average. The destinations were primarily to Indonesia (131,900 MT), Mexico (87,800 MT), Japan (86,900 MT), the Philippines (66,000 MT), and Chile (53,400 MT). Corn: Net sales of 119,100 MT for 2023/2024--a marketing-year low--were down 1 percent from the previous week and 57 percent from the prior 4-week average. Export shipments of 1,155,900 MT were up 12 percent from the previous week and 1 percent from the prior 4-week...
What You Need to Know Today: The September Cattle on Feed report was strongly bullish, with both the 1 September on-feed inventory and August placements coming in well below average expectations and below the bottom of their respective pre-report estimate ranges. China continues to buy U...
USDA’s September cattle on feed report was released Friday, with the total number of cattle in feedlots with 1,000 head or more capacity amounting to 11.2 million head, 101 percent of last year. Placements dropped in August to their lowest total for the month since records began in 1996...
Key Takeaways: The U.S. herd is stabilizing, but growth remains modest. Total goat inventory rose 1 percent in 2026, while meat-goat numbers increased 2 percent, which is not enough to materially reduce import dependence. Domestic slaughter is rising from a low base. Commercial slaughter incre...
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.