Export Sales and Shipments for February 23-29, 2024. Wheat: Net sales of 271,100 metric tons (MT) for 2023/2024 were down 17 percent from the previous week and 16 percent from the prior 4-week average. Export shipments of 368,300 MT were down 32 percent from the previous week and 10 percent from the prior 4-week average. The destinations were primarily to Mexico (103,100 MT), China (59,200 MT), South Korea (44,200 MT), the Dominican Republic (34,800 MT), and Japan (31,500 MT). Corn: Net sales of 1,109,600 MT for 2023/2024 were up 3 percent from the previous week, but unchanged from the prior 4-week average. Export shipments of 1,159,500 MT were down 5 percent from the previous week, but up 18 percent from the prior 4-week aver...
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.