U.S. Soy Export Sales Highlights Today’s USDA/FAS export sales report indicated the week ending 13 May was another slow one for export sales of U.S. soybeans, soymeal, and soyoil. Soybean and soyoil exports were better than in recent weeks, but soymeal exports were well below that of recent weeks. Net export sales of soybeans during the week totaled only 84,200 MT for shipment in 2020/21 and 96,000 MT for shipment in 2021/22. The sales for shipment in the current marketing year mostly were for Japan (57,800 MT), Egypt (55,000 MT), South Korea (25,800 MT), Vietnam (12,600 MT) and Canada (12,200 MT). The sales for shipment in 2021/22 were for primarily for Mexico (47,500 MT) and unknown destinations (47,500 MT). Soybean exports...
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...
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.