Export Sales and Shipments for October 25-31, 2024.Wheat: Net sales of 374,700 metric tons (MT) for 2024/2025 were down 9 percent from the previous week and 20 percent from the prior 4-week average. Export shipments of 236,900 MT--a marketing-year low--were down 3 percent from the previous week and 26 percent from the prior 4-week average. The destinations were primarily to Mexico (74,000 MT), the Philippines (55,000 MT), South Korea (33,000 MT), Peru (15,200 MT), and Costa Rica (12,000 MT).Corn: Net sales of 2,766,500 MT for 2024/2025 were up 18 percent from the previous week and from the prior 4-week average. Export shipments of 917,600 MT were up 17 percent from the previous week and 10 percent from the prior 4-week average. The destinat...
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.
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...