Export Sales and Shipments for August 23-29, 2024. Wheat: Net sales of 340,000 metric tons (MT) for 2024/2025 were down 36 percent from the previous week and 17 percent from the prior 4-week average. Export shipments of 638,100 MT--a marketing-year high--were up 11 percent from the previous week and 25 percent from the prior 4-week average. The destinations were primarily to the Philippines (139,900 MT), Mexico (120,500 MT, including 33,000 MT - late), Vietnam (66,000 MT), South Korea (53,000 MT), and Guatemala (37,800 MT). Corn: Net sales reductions of 173,100 MT for 2023/2024--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average. Export shipments of 1,061,200 MT were up 1 percen...
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.