Export Sales and Shipments for August 15-21, 2025 Wheat: Net sales of 579,800 metric tons (MT) for 2025/2026 were up 12 percent from the previous week, but down 10 percent from the prior 4-week average. Export shipments of 1,005,600 MT--a marketing-year high--were up noticeably from the previous week and from the prior 4-week average. The destinations were primarily to Indonesia (149,900 MT), the Philippines (146,400 MT), South Korea (143,000 MT), Mexico (112,000 MT), and Vietnam (91,800 MT). Corn: Net sales reductions of 17,800 MT for 2024/2025. Export shipments of 1,149,000 MT were up 12 percent from the previous week, but down 13 percent from the prior 4-week average. The destinations were primarily to Mexico (427,300 MT), Ja...
What You Need to Know Today: Crude oil prices dropped sharply with traffic flowing through the Strait of Hormuz. There were reports that Iran was behind an attack on a cargo ship near the coast of Oman, which would be a violation of the memorandum of understanding between the U.S. and Iran. Pr...
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...
Can we really expect a bushel of corn to carry an environmental passport throughout the entire food system? One that reliably documents its carbon footprint, biodiversity impacts, water use, soil carbon, and other environmental attributes all the way from the farm field to the consumer? This is...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.