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feed-grains soy-oilseeds wheat

Market Commentary

The unique aspect going into today’s WASDE report was the diversity of issues and opinions about what it would say. Markets are especially uncertain due to competing narratives. On one hand, the market trades on USDA’s numbers as the most authoritative. The weather is now better, and warm nights are boosting growing degree days. Yields in recent years have been to the upside as the genetics seem to push through all kinds of real and imagined hazards. Meanwhile, China’s feed demand will be lower due to African swine fever. On the other hand, the U.S. crop was planted late and under less than optimal conditions. Farmers are not selling their old crop corn, which is pushing basis higher and reducing exports. USDA says corn p...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 25 November)

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 25 November)

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

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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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