This summary is based on reports from exporters for the period August27-September 2, 2021. Wheat: Net sales of 388,400 metric tons (MT) for2021/2022 were up 32 percent from the previous week and 54 percent from the prior 4-week average. Corn: Net sales for the 2021/2022 marketing year, which began September 1, totaled 905,800 MT. Soybeans: Net sales for the 2021/2022 marketing year, which began September 1, totaled 1,471,900 MT. Soybean Cake and Meal: Net sales of 60,700 MT for 2020/2021 were up noticeably from the previous week, but down 9 percent from the prior 4-week average. Soybean Oil: Total net sales reductions for 2020/2021 of 1,600 MT, down noticeabl...
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.