U.S. Soy Export Sales Highlights Last week was a good one for U.S. soybean export sales and exports even though new sales were a marketing year low. Yet, the new sales exceeded the upper estimate of analysts queried by Reuters. Net export sales of soybeans in the week ending 12 November totaled 1,387,700 MT, all for export in 2020/21. That was 18 percent below the past foour-week average. The top sales were for China (1,060,800 MT). That included 528,000 MT switched from unknown destinations and new sales of 532,800 MT. The other top sales were for Mexico (155,900 MT), Spain (144,700 MT), Taiwan (83,400 MT), Indonesia (77,700 MT), and Egypt (74,900 MT). These and other sales were partially offset by reductions for unknown of (436,600 MT)...
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.