Export Sales and Shipments for February 14-20, 2025 Wheat: Net sales of 269,000 metric tons (MT) for 2024/2025 were down 50 percent from the previous week and 46 percent from the prior 4-week average. Export shipments of 378,700 MT were up 63 percent from the previous week, but down 9 percent from the prior 4-week average. The destinations were primarily to Mexico (102,500 MT), South Korea (62,800 MT), Nigeria (33,000 MT), Japan (31,400 MT), and Colombia (29,200 MT). Corn: Net sales of 794,700 MT for 2024/2025 were down 45 percent from the previous week and 47 percent from the prior 4-week average. Export shipments of 1,321,900 MT were down 18 percent from the previous week and 6 percent from the prior 4-week average. The destin...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.