World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy markets were quiet with little change in prices overnight. Soybeans were down 1-2 cents, corn was unchanged to fractionally lower, and Chicago wheat was up a penny or less. Volume was quite low. The day session opened with most prices staying close to where they were at the trading recess. The exception was Chicago wheat, which firmed in reaction to word that Egypt had purchased 120,000 MT of U.S. SRW. Corn and soy prices gradually eroded into larger losses as the close approached, and even Chicago wheat closed slightly lower, notwithstanding the Egyptian sale. It was a red number day for agricultural markets across the board. In addition to the grain and soybean losses, cattle and hog futures closed lower as did Winnipeg ca...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.47/bushel, up $0.0325 from yesterday's close.  Mar 26 Wheat closed at $5.155/bushel, up $0.0575 from yesterday's close.  Jan 26 Soybeans closed at $10.5325/bushel, up $0.04 from yesterday's close.  Mar 26 Soymeal closed at $301.9/short ton, up $0.8 from y...

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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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