Export Sales for Dec 9-15, 2022 Wheat: Net sales of 334,200 metric tons (MT) for 2022/2023 primarily for unknown destinations (86,000 MT), Japan (65,900 MT, including the decreases of 900 MT), Thailand (55,000 MT), Mexico (34,100 MT, including decreases of 100 MT), and the Philippines (29,000 MT), were offset by reductions primarily for the Dominican Republic (17,000 MT). Export shipments of 235,300 MT were primarily to South Korea (90,600 MT), Japan (65,800 MT), Mexico (39,800 MT), Honduras (20,000 MT), and Trinidad and Tobago (18,700 MT). Corn: Net sales of 636,800 MT for 2022/2023 primarily for Mexico (484,300 MT, including decreases of 15,400 MT), Japan (42,900 MT, including 19,300 MT switched from unk...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
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.