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feed-grains soy-oilseeds wheat

Market Commentary

Follow-through from Tuesday’s rally sent grain and soybean prices higher overnight in moderate volume. Word late Tuesday that U.S. Treasury Secretary Mnuchin, possibly accompanied by U.S. Trade Representative Lighthizer, would go to Beijing to discuss economic and trade issues was taken as a sign that the U.S. and China were willing to step back from the budding tariff war. High-level discussions suggest that at the very least, the imposition of the next round of U.S. tariffs and China’s response, including a 25 percent tariff on U.S. soybeans, might be delayed. This optimism about the trade dispute sent soybeans to double-digit gains during the day session. Soymeal futures were up as much as $8.00. Both beans and meal were sup...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.315/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.5025/bushel, up $0.0675 from yesterday's close.  Jan 26 Soybeans closed at $11.215/bushel, down $0.1275 from yesterday's close.  Dec 25 Soymeal closed at $317.4/short ton, down $3...

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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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