Export Sales and Shipments for the period October 4-10, 2024.Wheat: Net sales of 504,100 metric tons (MT) for 2024/2025 were up 16 percent from the previous week and 57 percent from the prior 4-week average. Export shipments of 393,100 MT were up 9 percent from the previous week, but down 30 percent from the prior 4-week average. The destinations were primarily to Mexico (80,700 MT), Japan (60,300 MT), Taiwan (56,900 MT), South Korea (44,000 MT), and Chile (33,000 MT).Corn: Net sales of 2,225,700 MT for 2024/2025 were up 82 percent from the previous week and up noticeably from the prior 4-week average. Export shipments of 501,800 MT were down 53 percent from the previous week and 49 percent from the prior 4-week average. The destinations we...
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...
What You Need to Know Today: Agricultural commodities were mostly lower on the day, with red-hot soyoil a notable exception. Export sales were a bit underwhelming, particularly for corn with export sales down 52 percent week-over-week. The weakness in ag markets tracked crude oil weakness wit...
With the war in Iran affecting fuel and fertilizer prices, higher tariffs, weak commodity prices, ag labor constraints, and other factors, farm bankruptcies are now at a 6-year high, a signal of growing stress. During the month of April, 62 Chapter 12 bankruptcies were filed, which is a 1...
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.