World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Tomorrow (28 February) is the first day for delivery intentions against March futures contracts. As of the close yesterday, more than 105,000 contracts of March corn and about 72,000 contracts of March soybeans remained open. The grain, soybean and soymeal markets are heavily overbought and ought to be technically vulnerable to a major price correction. However, this seems unlikely to happen until there is some significant relief for the Argentine and U.S. Plains droughts. This is not to say that prices will not decline at all, but if/when they do, it is likely to be limited and of short duration. There are chances for a few widely scattered showers around the peripheries of both areas, but relief for either drought does not appear in the...

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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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