Livestock U.S. Beef Exports Continue on Record Run When 2020 finally comes to an end, it will likely be remembered as the year when U.S. beef and beef products firmly reestablished their presence in the China market. In May, a total of 1,670.6 MT left U.S. ports for the Middle Kingdom with a total value of $13.19 million. Since the reopening of the market in summer of 2017, May’s monthly figures marked the second best month and the highest since last December. Through the first five months of 2020, total beef and beef product exports to China have amounted to 4,925.6 MT worth $38.90 million. That compares to annual totals of 10,637.6 MT and $86.10 million for all of 2019. The average export value for May was $3.58/lb. down from $3.8...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.