World Perspectives
feed-grains soy-oilseeds wheat

Closing Bell Wrap-Up

Fund short covering produced another bounce higher in soybean futures while the corn market traded both sides of unchanged. Wheat futures saw selling pressure for the second consecutive day while cattle markets saw aggressive buying at midday. The hog markets moved slightly lower on profit taking.  Wall Street is lower as of this writing with the S&P 500 and the Dow falling back from intraday highs after the Fed signaled it would increase interest rates a quarter-percent. The dollar is up fractionally while gold and copper, along with crude oil, are lower. 

Corn December corn closed ¾ cents lower in quiet trading. The contract held above the downtrend line in place since late May, but today’s lack of trading...

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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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