World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Active overnight trading saw wheat and corn prices move higher as soybeans hung around on either side of Monday’s closes. Although corn was the volume leader overnight, wheat nearly matched it. In Monday’s trade, open interest (O/I) in corn jumped 12,417 contracts. We doubt that noncommercials were adding much to their short in corn, so perhaps there were some new longs. Chicago SRW O/I fell 4,369 contracts with KC wheat O/I dropping 5,262 contracts, both apparently the result of long liquidation. Soybeans joined the rally with wheat and corn during the day session to give a solid green color to the board, led by KC wheat. Old crop soybean futures contracts closed more than 8 cents higher with new crop November up 5.5 cents., M...

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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

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feed-grains soy-oilseeds wheat

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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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