World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Agricultural and equity markets were all about China trade deal optimism today. President Trump was very busy tweeting very positive news about the situation, including China’s indication that it would soon buy another 5 MMT of soybeans as well as corn and wheat in future purchases. That talk and this morning’s jobs report, which that blew away estimates, pushed equities and crude oil higher. Equity markets were strong early, but they gradually drifted back towards unchanged and eventually slightly lower. The Dow and the S&P each had their best January since 1987 and 1989, respectively. The U.S. dollar was easier early in the session but finished steady. Soybean and soymeal futures were higher overnight on the positive Chi...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 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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