Soy Export Sales Highlights The week ending 2 April had to be a disappointing one for exporters of U.S. soybeans and soyoil, but not so much for soymeal. The best news was more sales of soybeans to China. Net soybean export sales for 2019/20 shipment totaled 523,500 MT. That was down by 45 percent from the previous week and 25 percent below the past four-week average. The top sales were for China (143,500 MT), Mexico (102,700 MT), Egypt (91,800 MT), Japan (61,900 MT) and South Korea (26,300 MT). Exporters also reported selling 353,400 MT of soybeans for shipment in 2020/21. The top destinations were Mexico (285,000 MT), China (66,000 MT), and Japan (2,400 MT). Soybean exports last week totaled 362,000 MT, a marketing year low. The top des...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.