Export Sales and Shipments for October 11-17, 2024. Wheat: Net sales of 532,900 metric tons (MT) for 2024/2025 were up 6 percent from the previous week and 38 percent from the prior 4-week average. Export shipments of 276,500 MT were down 30 percent from the previous week and 45 percent from the prior 4-week average. The destinations were primarily to Japan (96,600 MT), Mexico (59,100 MT), Chile (35,200 MT), the Philippines (30,600 MT), and Italy (20,100 MT). Corn: Net sales of 3,602,600 MT for 2024/2025 were up 62 percent from the previous week and up noticeably from the prior 4-week average. Export shipments of 999,000 MT were up 99 percent from the previous week and 4 percent from the prior 4-week average. The destinatio...
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...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.