World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The government remains partially closed and apparently will continue to be into 2019. President Trump is dug in over his demand for funding of the proposed Mexican border wall, but he does not have the votes to obtain congressional approval. This leaves the status of the regular USDA reports in limbo, including possibly the 11 January mega-reports. The absence of daily/weekly data will show just how much the market relies on those reports. Meanwhile, negative comments from presidential advisor Peter Navarro about chances for a new trade agreement with China by the end of the “truce” in early March cast a pall over grain and soy markets today. Pre-opening calls were for higher grain and soy prices, but when they did open firmer...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.445/bushel, up $0.04 from yesterday's close.  Mar 26 Wheat closed at $5.0775/bushel, up $0.015 from yesterday's close.  Jan 26 Soybeans closed at $10.5225/bushel, down $0.06 from yesterday's close.  Jan 26 Soymeal closed at $298.4/short ton, up $0.2 from...

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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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