World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The overnight session found prices trading mostly lower, which was in line with selling late Tuesday that took prices down to closes that were mostly well below session highs. No doubt some of that late selling was profit taking after the recent rally. However, open interest increases for soymeal (+8,621 contracts) and soybeans (+7,263 contracts) yesterday indicate that the long sides of those markets are still growing even though late selling closed both beans and meal noticeably down from their daily highs. KC wheat traded down 4 cents overnight on chart selling, while corn slipped 1.75 cents lower. Soybean prices were around 2-3 cents lower as they hit the early morning trading recess. After the day session began, however, it did not ta...

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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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