Wheat: Net sales of 442,600 metric tons for 2018/2019 were down 7 percent from the previous week and from the prior 4-week average. Corn: Net sales of 349,500 MT for 2018/2019 were reported for Mexico (275,800 MT, including decreases of 2,600 MT), Colombia (208,500 MT, including 167,000 MT switched from unknown destinations), Honduras (47,800 MT), Costa Rica (37,000 MT), and Tunisia (19,300 MT, switched from France). Reductions were reported for unknown destinations (164,500 MT), South Korea (69,000 MT), Vietnam (60,000 MT), and France (20,500 MT). For 2019/2020, total net sales were reported for Mexico (28,000 MT). Exports of 1,213,200 MT were primarily to Mexico (405,000 MT), Colombi...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.