World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Soy Complex Gains on Grains

NOTE: Technical Perspectives from WPI will not be published on May 28, 2021. Good morning -  Prices traded higher overnight led by soyoil, which stabilized bean trade. Soybean bull spreads are working again, finding support after Monday's selloff. Morning trends feature beans gaining on corn, and soyoil on meal, as traders buy oilshare.  Demand for corn and beans remains good. Corn needs to average 61 Mbu of exports per week to match the USDA projected 2.775 Bbu forecast, while soybeans need just over 15 Mbu weekly to match USDA's 2.280 Bbu. Wheat exports stand at 917 Mbu with the USDA projecting a 965 Mbu export program, which could fall short.  World cash basis levels are steady/firm for corn, but soybean premi...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2025/bushel, up $0.1025 from yesterday's close.  Dec 25 Wheat closed at $5.3425/bushel, up $0.0525 from yesterday's close.  Nov 25 Soybeans closed at $10.545/bushel, up $0.065 from yesterday's close.  Dec 25 Soymeal closed at $289/short ton, up $1.7 from...

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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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