World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Agricultural commodity markets remained weak overall, and equities had a down day too. Wheat had some gains, but much of the complexes went south. Expectations for U.S. export sales were low, and the report mostly did not disappoint. However, wheat export sales were much better than expected as well as a surprise considering there are lower-priced options out of the Black Sea. There was a reported private Chinese purchase of a cargo of soybeans plus some possible state-owned corporate purchases, but those did not rally the market. While China will buy more U.S. soybeans, its overall demand is down due to African swine fever (ASF). Significant purchases will be needed to move this market. The weather situation has flipped transatlantic e...

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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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