Export Sales and Shipment for July 26-August 1, 2024 Wheat: Net sales of 274,000 metric tons (MT) for 2024/2025 were down 4 percent from the previous week and 23 percent from the prior 4-week average. Export shipments of 496,600 MT were up 9 percent from the previous week and 20 percent from the prior 4-week average. The destinations were primarily to Mexico (80,900 MT), Italy (78,000 MT), Panama (61,900 MT), Ecuador (57,900 MT), and Yemen (53,200 MT). Corn: Net sales of 485,400 MT for 2023/2024 were up noticeably from the previous week and up 32 percent from the prior 4-week average. Export shipments of 1,303,300 MT were up 26 percent from the previous week and 23 percent from the prior 4-week average. The destinations were p...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...