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feed-grains soy-oilseeds wheat

Market Commentary

Commodity markets started strong this morning, pushed up against technical resistance and broke down when that resistance couldn’t be penetrated. Weekly U.S. export sales were better than expected for corn, wheat and soybeans. General Comments Crude oil staged a significant rally overnight and today, driving world equity markets to big gains. Commodity markets also started strong this morning, pushed up against technical resistance and broke down when that resistance couldn’t be penetrated. Trading volume in Chicago today was light. Weekly U.S. export sales were better than expected for corn, wheat and soybeans. Soymeal export sales were the highest of this marketing year. It was a generally quiet trading day. Volume started out very ligh...

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feed-grains soy-oilseeds wheat

Market Commentary: Limping Home After a Dreary Week

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feed-grains soy-oilseeds wheat

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Dec 25 Corn closed at $4.19/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.1525/bushel, up $0.005 from yesterday's close.  Nov 25 Soybeans closed at $10.18/bushel, down $0.0575 from yesterday's close.  Dec 25 Soymeal closed at $278.6/short ton, down $0.7...

Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

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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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