World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Profit-taking; Wheat Correction

THE OPEN Nov beans:  2 higher Dec meal:  2.50 higher Dec soyoil:  60 lower Dec corn:  1/2 lower Dec wheat:  10 lower The markets opened as expected with profit-taking in wheat and wheat/corn spreads.  Oilshare continued to leak lower as charts leaned friendly for meal and sideways for soyoil.  Buy bean/sell corn and buy meal/sell soyoil trade continued throughout the session.  Outside markets were weaker with stocks down sharply on geopolitical tensions over current events in Afghanistan.   Prices turned lower from higher as bulls took profits into midday. SOY The main feature in the soy complex was that of profit-taking in oilshare.  Sep crush trades steady at 1.04c while oil...

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feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn  Argentina’s corn planting advanced 5 percentage points last week, reaching 29.9 percent of the projected national area. However, excess moisture continues to hinder fieldwork in central and western Buenos Aires provinces. As a result, early planting will likely fall short of in...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  German and central European cattle values are starting to decline after their recent, multi-year rally. Slaughter cow values declined this week as producers started to cull herds following seasonal patterns. Slaughter steers and heifer prices, however, were stable as supplie...

feed-grains soy-oilseeds wheat

Market Commentary: Bottom Signaled; Beef Attacked

Fund buying is signaling it is the market bottom for grains, because they say so. And beef has hit a market top because President Trump says it has. Of course, it is more complex than that but those are authoritative sources.  The corn market did not wait for such signals, instead rallying...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Corn  Argentina’s corn planting advanced 5 percentage points last week, reaching 29.9 percent of the projected national area. However, excess moisture continues to hinder fieldwork in central and western Buenos Aires provinces. As a result, early planting will likely fall short of in...

feed-grains soy-oilseeds wheat

European Market Analysis

Regional News  German and central European cattle values are starting to decline after their recent, multi-year rally. Slaughter cow values declined this week as producers started to cull herds following seasonal patterns. Slaughter steers and heifer prices, however, were stable as supplie...

feed-grains soy-oilseeds wheat

Market Commentary: Bottom Signaled; Beef Attacked

Fund buying is signaling it is the market bottom for grains, because they say so. And beef has hit a market top because President Trump says it has. Of course, it is more complex than that but those are authoritative sources.  The corn market did not wait for such signals, instead rallying...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.225/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.0375/bushel, up $0.0125 from yesterday's close.  Nov 25 Soybeans closed at $10.195/bushel, up $0.0875 from yesterday's close.  Dec 25 Soymeal closed at $281/short ton, up $4.1 from...

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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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