World Perspectives
feed-grains soy-oilseeds wheat

A Few Thoughts Looking Ahead

USDA’s array of January reports will be released on 12 January. They will include: the last estimates of the average yields and production for the 2017 U.S. corn and soybean crops from NASS; the January WASDE with updated U.S. and world supply/demand estimates; the quarterly stocks reports as of 1 December; and the estimated U.S. winter wheat planted acreage for the 2018/19 wheat year. Each of these significant reports will have its own story to tell, but combined they represent the single biggest “data dump” of the year from USDA. Traders and analysts of the physical commodities as well as the futures markets they underlie will study the reports to see if they support previously drawn market-related conclusions and to dis...

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feed-grains soy-oilseeds wheat

Market Commentary: China Headlines and Technical Buying Lift CBOT

Key Market Developments Markets head into Friday’s CPI report expecting a 0.3 percent month-over-month increase in both headline and core inflation, keeping year-over-year readings near +2.5 percent. That matters — but perhaps not as much as it would have a few weeks ago. This week&...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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