World Perspectives
feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for May 5-11, 2023. Wheat:  Net sales reductions of 42,100 metric tons (MT) for 2022/2023--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average. Export shipments of 216,600 MT were up 6 percent from the previous week, but down 13 percent from the prior 4-week average. The destinations were primarily to Japan (47,400 MT), the Philippines (47,300 MT), Mexico (42,900 MT), Nigeria (25,100 MT), and Algeria (19,700 MT). Corn:  Net sales reductions of 339,000 MT for 2022/2023--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average. Export shipments of 1,086,500 MT were down 5 percent from the previous week and 17 perce...

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feed-grains soy-oilseeds wheat

Market Commentary: No Major Swings on More Positioning Ahead of WASDE

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Summary of Futures

Mar 25 Corn closed at $4.58/bushel, up $0.0025 from yesterday's close. Mar 25 Wheat closed at $5.425/bushel, up $0.02 from yesterday's close. Mar 25 Soybeans closed at $9.9725/bushel, down $0.005 from yesterday's close. Mar 25 Soymeal closed at $303.5/short ton, down $3.8 from ye...

Trudeau Resigns as Canadian Prime Minister

On the campaign trail in 2024, then-candidate and now President-elect Donald Trump proposed to levy tariffs of 10 to 20 percent on all imports, and 60 percent on imports from China. Then on the week of Thanksgiving, that changed to 25 percent tariffs on Canada and Mexico, and an additional 10 p...

feed-grains soy-oilseeds wheat

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Corn opened lower but managed a quarter penny higher close, and hogs tried to follow cattle higher at the open but ended lower for a third session in a row, but the rest of the pack ended the day where it started with equally small changes.Fundamentals are helping corn, wheat and cattle, and so...

feed-grains soy-oilseeds wheat

Summary of Futures

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feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONEgypt will see the investment of $100 million by China’s New Hope Group in the expansion of its animal feed operations. New Hope currently has five production facilities in Egypt producing 650,000 MT of animal feeds which will be increas...

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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.

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