Export Sales and Shipments for March 21-27, 2025. Wheat: Net sales of 340,000 metric tons (MT) for 2024/2025 were up noticeably from the previous week and up 40 percent from the prior 4-week average. Export shipments of 499,600 MT were up 17 percent from the previous week and 33 percent from the prior 4-week average. The destinations were primarily to the Philippines (123,900 MT), Ecuador (81,100 MT), South Korea (67,900 MT), Mexico (55,700 MT), and the Dominican Republic (40,700 MT). Corn: Net sales of 1,173,200 MT for 2024/2025 were up 13 percent from the previous week and 6 percent from the prior 4-week average. Export shipments of 1,805,900 MT were up 9 percent from the previous week and 12 percent from the prior 4-week average. The des...
What You Need to Know Today: Oil prices surged today following reports of tanker attacks off the coast of Saudi Arabia by Houthi rebels and renewed U.S. threats to escalate military strikes against Iran, heightening concerns over potential disruptions to Middle East energy supplies. Brent crud...
USDA’s monthly cattle on feed report for 1 July will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 102.2 percent of last year. Those estimates imply an on-feed inventory of 11.327 million head. If accurate, that would be the...
Key Takeaways: The situation in the Arab Gulf is little changed this week, which is to say it is a day-by-day – and sometimes hour-by-hour – judgment call as to what is or will happen. There are some vessels transiting the Strait of Hormuz, but transits are a fraction of what they...
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.