World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Soybeans  The soybean markets finally started moving with China actively buying at the beginning of last week. Crushers there decided to move after President Trump’s tweet suggesting that U.S. and Chinese officials might not meet in September. They assume there will be no opportunity to buy U.S. soybeans in the near future, and modest improvements in their margins prompted the decision to secure supplies from South America. It is now clear that demand has only been moving when crush margins are positive. Last week showed sudden demand for nearby positions. Buyers have been interested in securing spot soybeans to take advantage of the cheapest basis. However, that pushed spot basis higher and reduced the carry from 11-12 cents/m...

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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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