World Perspectives
soy-oilseeds

Oilseed Highlights: China’s Soy Imports; U.S. Soy Price Advantage; U.S. Soy Plantings

China to Continue Importing U.S. Soybeans but Unlikely to Purchase More Bloomberg reported today that sources in China indicate state-owned enterprises COFCO and Sinograin intend to continue importing the soybeans already purchased from the U.S. However, the two companies have not been told to buy the remaining 6.653 MMT of the 20 MMT that China pledged to purchase during the trade negotiations that have now stalled. At that time, it had promised to buy/import 20 MMT of U.S. soybeans. USDA export sales report data indicates that 13.347 MMT were bought with 6.343 MMT of that shipped as of 16 May, leaving 7.004 MMT still to be exported. Trade sources indicate there are now seven vessels at PNW ports and nine at USG ports that are either load...

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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.

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