Wheat: Net sales of 90,600 metric tons for delivery in the 2018/2019--a marketing-year low--were down 26 percent from the previous week and 68 percent from the prior 4-week average. Corn: Net sales of 287,600 MT for 2018/2019--a marketing-year low--were down 51 percent from the previous week and 60 percent from the prior 4-week average. Soybeans: Net sale reductions of 149,100 MT for 2018/2019 were down noticeably from the previous week and the prior 4-week average. Soybean Cake and Meal: Net sales of 150,800 MT for 2018/2019 were up 90 percent from the previous week, but down 30 percent from the prior 4-week average. Soybean Oil: &nb...
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.