Wheat: Net sales of 29,500 metric tons (MT) for 2020/2021 were down 76 percent from the previous week and 58 percent from the prior 4-week average. Corn: Net sales of 555,900 MT for 2020/2021 were up noticeably from the previous week and from the prior 4-week average. Soybeans: Net sales of 55,900 MT for 2020/2021 were down 34 percent from the previous week and 65 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 197,400 MT for 2020/2021 were up 4 percent from the previous week and 26 percent from the prior 4-week average. Soybean Oil: Net sales of 1,700 MT for 2020/2021 were down noticeably from the previous week, but up 1...
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.