Export Sales and Shipments for November 24-30, 2023. Wheat: Net sales of 356,400 metric tons (MT) for 2023/2024 were down 43 percent from the previous week, but up 8 percent from the prior 4-week average. Export shipments of 198,900 MT were down 42 percent from the previous week and 27 percent from the prior 4-week average. The destinations were primarily to the Philippines (52,700 MT), Japan (50,600 MT), Mexico (24,900 MT), Jamaica (22,000 MT), and Egypt (20,300 MT - late). Corn: Net sales of 1,288,900 MT for 2023/2024 were down 33 percent from the previous week and 17 percent from the prior 4-week average. Total net sales of 22,900 MT for 2024/2025 were for Mexico. Export shipments of 1,086,100 MT--a marketing-ye...
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.