World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Technical Trade Suggests CBOT Has Made its Near-Term Lows

The CBOT saw technical trade emerge and dominate the day, which sent corn, wheat, and soybeans higher after a weak overnight start. The day’s strength was sufficient to score bullish reversals on the corn and wheat charts, which indicates near-term lows are likely for these commodities. There is also some potential for Monday’s contract lows to be seasonal lows, but WPI’s experience is that “big crop” years tend to find seasonal lows a little later in September or early October. Funds were on the buy-side of the market Tuesday and continued to cover shorts in the grains complex and, to a lesser extent, oilseeds and products as well. There were also rumors about fresh long buying and bottom-picking from the spec...

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livestock

Outlook for Cow Numbers Remains Limited

This year’s volatility in beef and cattle prices – particularly in the past two months – has heightened the industry’s interest in what the U.S. cattle herd will look like next year. The border closure with Mexico has certainly shrank cattle-on-feed inventories while str...

WPI Grain Transportation Report

Dry-bulk markets are firmer this week with the Capesize sector again leading the rally. Capesize rates saw support from stronger volumes from East Australia and the Pacific with Brazil and West Africa seeing demand for LH December and January positions. Panamax markets were firmer with growing...

Thanksgiving Holiday

U.S. financial markets are closed for the U.S. Thanksgiving holiday on Thursday, 27 November. Consequently, WPI’s offices will be closed as well and no issue of Ag Perspectives will be published. Ag Perspectives will resume Friday, 28 November. We wish everyone a happy holiday! ...

livestock

Outlook for Cow Numbers Remains Limited

This year’s volatility in beef and cattle prices – particularly in the past two months – has heightened the industry’s interest in what the U.S. cattle herd will look like next year. The border closure with Mexico has certainly shrank cattle-on-feed inventories while str...

WPI Grain Transportation Report

Dry-bulk markets are firmer this week with the Capesize sector again leading the rally. Capesize rates saw support from stronger volumes from East Australia and the Pacific with Brazil and West Africa seeing demand for LH December and January positions. Panamax markets were firmer with growing...

Thanksgiving Holiday

U.S. financial markets are closed for the U.S. Thanksgiving holiday on Thursday, 27 November. Consequently, WPI’s offices will be closed as well and no issue of Ag Perspectives will be published. Ag Perspectives will resume Friday, 28 November. We wish everyone a happy holiday! ...

feed-grains soy-oilseeds wheat

Market Commentary: Broadly Bullish

The CBOT was higher heading into the U.S. Thanksgiving holiday with investors across the board seeming to find optimism amid a relatively quiet news day. For the ag markets, news that China continues to book U.S. soybeans – securing as many as 10 cargoes on Tuesday – is supportive,...

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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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