World Perspectives
feed-grains

PM Post - Loss of Upside Steam

THE OPEN Nov beans:  3 higher  Dec meal:  1.30 higher Dec soyoil:  15 higher Dec corn:  1 lower  Dec wheat:  4 lower Prices opened as called but oilshare quickly found more selling pressure as traders bot meal/sold soy oil.  The markets continued to find fund selling at the open which took values into new trading range lows for beans, and back towards the bottoms for grains.  Spreads were also weaker.   The FOMC will kick off a two-day meeting starting today.  Traders are eying interest rate direction.  As outside markets lost upside steam, Ags did as well, guided by lower soyoil which was impacted by crude trading under $70/barrel again.   Around the midday h...

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feed-grains soy-oilseeds wheat

Market Commentary: Mixed Day But a Strong Week, And More Ahead

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Please note that Ag Perspectives will not be published tomorrow, Friday, 4 July in observance of the Fourth of July holiday in the U.S. We will resume our normal report schedule on Monday 7 July...

livestock

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Pork export sales for the week ending 26 June slowed, following the large volume booked the previous week. However, in the last five weeks pork export sales have averaged over 30,000 MT per week. That is strong for this time of year. Outstanding pork sales at 202,497 MT are running about 10 per...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 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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