Wheat: Net sales of 502,700 metric tons for 2019/2020 were up noticeably from the previous week and up 33 percent from the prior 4-week average. Corn: Net sales of 873,500 metric tons for 2019/2020 were up 60 percent from the previous week and 28 percent from the prior 4-week average. Soybeans: Net sales of 1,050,100 MT for 2019/2020 were up 54 percent from the previous week, but down 17 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 238,600 MT for 2019/2020 were up 32 percent from the previous week and 17 percent from the prior 4-week average. Soybean Oil: Net sales of 30,000 MT for 2019/2020, primarily for Morocco (20,000 MT), Venezuela (10,...
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.