World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The CBOT today saw light liquidation in soybeans, early short covering in corn that eventually broke down into a lower close, and continued bull spreading in soyoil. The ongoing U.S. harvest remains a bearish factor with cash sales accelerating and weakening basis levels. Overall, the market was mostly positioning for the WASDE report, as well as reacting to some bearish trade news.  Reuters today reported that a U.S.-China trade deal could be delayed until December. Discussions over final agreement terms, as well as where to sign an agreement, are stalling progress. Switzerland and Sweden are reported as potential sites for a deal-signing, though neither are confirmed. Reportedly, one senior White House official said Iowa is “n...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day but a Solid Week

Pre-Holiday Trade There was higher volume trading soybeans today, but generally lower pre-holiday volume in other contracts. Despite an overall strong week, Friday brought lower prices except for soyoil, HRS, and Feeder Cattle. It was the fourth session higher this week for Minneapolis wheat. P...

Memorial Day Holiday

Monday, 26 May is a U.S. holiday, the markets and our office will be closed. Please note that the next Ag Perspectives will be published on Tuesday, 27 May. The WPI staff hopes everyone has a good weekend...

livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. The total inventory of feedlots of 1,000 head or more capacity is 11.4 million head, 98 percent of last year.   This weekend commences the summer grilling season. Placements were 1.6 million head, 97 percent of last year, compare...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day but a Solid Week

Pre-Holiday Trade There was higher volume trading soybeans today, but generally lower pre-holiday volume in other contracts. Despite an overall strong week, Friday brought lower prices except for soyoil, HRS, and Feeder Cattle. It was the fourth session higher this week for Minneapolis wheat. P...

Memorial Day Holiday

Monday, 26 May is a U.S. holiday, the markets and our office will be closed. Please note that the next Ag Perspectives will be published on Tuesday, 27 May. The WPI staff hopes everyone has a good weekend...

livestock

Cattle on Feed Report

USDA released the monthly Cattle on Feed report today. The total inventory of feedlots of 1,000 head or more capacity is 11.4 million head, 98 percent of last year.   This weekend commences the summer grilling season. Placements were 1.6 million head, 97 percent of last year, compare...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.595/bushel, down $0.035 from yesterday's close.  Jul 25 Wheat closed at $5.425/bushel, down $0.02 from yesterday's close.  Jul 25 Soybeans closed at $10.6025/bushel, down $0.0725 from yesterday's close.  Jul 25 Soymeal closed at $296.2/short ton, down $2...

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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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