Export Sales and Shipments for July 14-20, 2023 Wheat: Net sales of 233,200 metric tons (MT) for 2023/2024 were up 37 percent from the previous week, but down 17 percent from the prior 4-week average. Export shipments of 395,100 MT were up 67 percent from the previous week and 46 percent from the prior 4-week average. The destinations were primarily to the Philippines (154,400 MT, including 29,700 - late), South Korea (78,000 MT), Mexico (50,200 MT), Honduras (30,000 MT), and Nigeria (28,100 MT). Corn: Net sales of 314,200 MT for 2022/2023 were up 33 percent from the previous week and 15 percent from the prior 4-week average. Export shipments of 411,400 MT were up 7 percent from the previous week, but down 25 percent from the...
From WPI Consulting
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.