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feed-grains soy-oilseeds wheat

Market Commentary

Overnight trading saw notably firmer prices with corn up 4 ¼ cents, soybeans up 5 ½ cents ,and SRW wheat up 8 cents. Forecasts for another heatwave across Europe (just as the region’s corn enters pollination and its spring wheat continues developing) were concerning, prompting higher trade. Higher European rapeseed futures pushed CBOT soybeans higher as well. Europe is looking at a heat wave that may break records, a situation that is hardly ideal for crop development.  The day session saw some early strength in row crops, but demand-based selling pressure pushed corn and soybeans off the day’s highs. Trading was subdued overall with lack of fresh news and improved weather forecasts forcing trade to stay with...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

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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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