World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

There was not much incentive to buy/sell grains or the soy complex during the overnight session with the December WASDE looming a few hours later. As a result, prices barely moved. Corn was up a fraction, soybeans were down a fraction, and Chicago wheat gained a penny. After the trading recess, grain and soy prices remained stuck until the WASDE’s noon (EDT) release. Soon after it came out showing a small reduction in ending U.S. corn stocks and small increases in ending soybean and wheat stocks, corn futures were up over 2 cents and soybean futures down 2 cents with both expanding their pre-report trading direction. Chicago wheat was up a penny, which was just about where it was ahead of the report. Reaction to the WASDE did not las...

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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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