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feed-grains soy-oilseeds wheat

PM Post - Profits, Technical Selling

THE OPEN July beans:  18 higher July meal:  2.50 lower July soyoil:  2.10 higher July corn:  20 3/4 higher July wheat:  7 3/4 higher The markets opened as expected but also found better hedge selling and profit-taking at new contract highs.  It seemed to be the mission of the wheat market to weigh on corn, while soyoil made a dramatic u-turn and traded 200 pts lower from higher led by the May contract.  Extreme overbought levels entered into the technical picture, while the weekend weather was viewed as extremely beneficial for planting.  Crop progress numbers are expected to jump, perhaps providing some of the largest reasons to book a morning profit.  At 10:00 export inspections were rel...

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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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