World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The Sunday night session traded slightly higher until prices turned lower early this morning, led by wheat. Markets then opened the day session lower and turned weaker, probably for the following reasons:

Rains will be heavy across much of the Corn Belt over the next three to four days, but the six-10 and eight-14 day weather forecasts (see below) have finally turned much drier. That will eventually allow harvest progress to resume following two weeks of very wet weather.

Everyone expects Thursday’s USDA reports will be bearish. There was a story early this morning from Russia that it will sell at least 1.5 MMT of the 3 MMT available from its grain reserves.

U.S. commodity and equity markets were open today. However, USD...

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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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