World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The overnight session was a low volume affair with corn and the soy complex doing very little in either direction. Meanwhile, winter wheat markets gave back some of yesterday’s gains. There was little by way of fresh news overnight. Argentina and Brazil’s Rio Grande do Sul remain very dry. A few scattered showers are possible in northern areas this coming weekend and a few more 11-14 days from now, but a drought-breaking rain event is not evident in any of the weather models. After 20-25 March, most Argentine soybeans and corn will be mature or too close to it for rain to be of much help. That other drought in the southern U.S. Plains remains unchecked with no relief in sight. Most HRW has emerged by now, and a soaking rain in t...

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feed-grains soy-oilseeds wheat

Market Commentary: Limping Home After a Dreary Week

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feed-grains soy-oilseeds wheat

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

feed-grains soy-oilseeds wheat

Market Commentary: Limping Home After a Dreary Week

Friday involved relatively lower volume and modest price changes as new inputs remain limited. And it wasn’t really due to the lack of USDA reports due to the shutdown since they may not have involved anything market moving. Harvest is progressing, competitors have ample supplies, and buy...

feed-grains soy-oilseeds wheat

Summary of Futures

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Competing Manufacturing Data

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feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

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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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