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feed-grains soy-oilseeds wheat

Market Commentary

Early firming of prices in the overnight session had some traders hoping that Turnaround Tuesday had been postponed until Wednesday due to the holiday. However, it was not to be. After the beating they took yesterday, wheat futures did hold a few cents higher at the trading recess, but corn and soybean prices were within fractions of yesterday’s closes. In the absence of fresh news or other inputs, overnight trading was quiet and low volume. That trend continued during the day session as corn and soybean futures slowly drifted lower with wheat prices extending their early losses. The usual Wednesday energy and ethanol report is delayed until Thursday, and the weekly export sales report normally out on Thursday will not be available u...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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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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