World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Following the holiday, grain and soy markets began the overnight session just a bit firmer. That lasted until some selling pressure emerged in wheat, which led to prices being mixed at the trading recess with relatively good volume reported. However, it was not long after trading resumed that some sell stops were uncovered in KC and Chicago wheat, sending those markets sharply lower. That fund selling in wheat pulled the rest of the board down as longs fled from risk. We cannot point to a specific reason for today’s weakness, but KC wheat closed down 13.25-16.25 cents. Chicago wheat fell 11.75-14.75 cents, but the MGEX March contract was the weakest of all, down 17.5 cents at the close. It is true that world wheat prices have retreat...

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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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