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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Soybeans Brazil The market was nearly dead last week with little demand but many sellers and China taking only a few September vessels from Brazil. There was significant position rolling as exporters were unable to sell spot positions. Chinese demand seems to be slowing with actual purchases well below expectations. The market is finally factoring that into export expectations, and many trading houses that had previously forecast Chinese purchases at 10.5 MMT/month are lowering those estimates by 1-1.5 MMT/month. This reduction forced exporters to roll part of their positions from July to August, and now they are trying to roll from August to September (paying the monthly carry). Trading houses believe there is still some open demand for...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2475/bushel, down $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.5575/bushel, down $0.09 from yesterday's close. Jan 25 Soybeans closed at $9.8575/bushel, up $0.0225 from yesterday's close. Jan 25 Soymeal closed at $295.9/short ton, up $4.4 fro...

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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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