Export Sales and Shipments for October 27 to November 2, 2023 Wheat: Net sales of 354,300 metric tons (MT) for 2023/2024 were up 29 percent from the previous week, but down 26 percent from the prior 4-week average. Export shipments of 134,300 MT were up 34 percent from the previous week, but down 44 percent from the prior 4-week average. The destinations were primarily to Chile (42,900 MT), Mexico (39,200 MT), Taiwan (32,700 MT), Trinidad and Tobago (9,100 MT), and Colombia (6,900 MT). Corn: Net sales of 1,015,300 MT for 2023/2024 were up 36 percent from the previous week and 4 percent from the prior 4-week average. Export shipments of 824,900 MT--a marketing-year high--were up 63 percent from the previous...
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.