Export Sales and Shipments for May 10-16, 2024. Wheat: Net sales of 17,900 metric tons (MT) for 2023/2024 were down 77 percent from the previous week and 61 percent from the prior 4-week average. Export shipments of 197,200 MT were down 56 percent from the previous week and 58 percent from the prior 4-week average. The destinations were primarily to the Philippines (64,100 MT), Thailand (58,500 MT), Mexico (27,900 MT), Japan (25,900 MT), and Haiti (12,100 MT). Corn: Net sales of 911,200 MT for 2023/2024 were up 23 percent from the previous week, but down 1 percent from the prior 4-week average. Export shipments of 1,448,600 MT were up 52 percent from the previous week and 10 percent from the prior 4-week average. T...
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.