Export Sales and Shipments for September 20-26, 2024. Wheat: Net sales of 443,700 metric tons (MT) for 2024/2025 were up noticeably from the previous week and up 46 percent from the prior 4-week average. Export shipment of 531,700 MT were down 25 percent from the previous week and 16 percent from the prior 4-week average. The destinations were primarily to the Philippines (240,100 MT), South Korea (123,700 MT), Chile (55,400 MT), Vietnam (31,900 MT), and Mexico (26,500 MT). Corn: Net sales of 1,684,100 MT for 2024/2025. Export shipments of 1,170,400 MT were primarily to Mexico (392,900 MT), Colombia (331,900 MT), Japan (254,000 MT), Spain (71,500 MT), and Panama (44,800 MT). Soybeans: Net sales of 1,443,500 MT for 2024/...
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...