Export Sales and Shipments for May 31-June 6, 2024. Wheat: A total of 115,300 MT in sales were carried over from the 2023/2024 marketing year, which ended May 31. Export shipments for June 1 of 260,500 MT were primarily to the Philippines (74,900 MT), Indonesia (57,100 MT), Mexico (28,900 MT), Nigeria (27,500 MT), and Taiwan (26,200 MT). Corn: Net sales of 1,056,100 MT for 2023/2024 were down 11 percent from the previous week, but up 16 percent from the prior 4-week average. Export shipments of 1,249,000 MT were down 16 percent from the previous week, but up 1 percent from the prior 4-week average. The destinations were primarily to Mexico (422,800 MT), Japan (262,900 MT), Colombia (103,400 MT), Taiwan (81,200 MT), and China (...
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.