World Perspectives
feed-grains soy-oilseeds wheat

Risk-off Day

THE OPEN: Nov beans:  3 3/4 lower Dec meal:  1.10 lower Dec soyoil:  2 higher Dec corn:    7 lower Sep wheat:  6 3/4 lower A combination of slightly improved forecasts and technical selling sent prices to new lows for the recent move down (which actually started Monday night), triggering sell-stops along the way.  Funds were net sellers around the board, with small buy soy/sell grain trade.  Funds entered the day long an estimated 138K corn and 40K wheat against a net short in the soy complex.    The soy complex values recovered during the session as shorts also elected to cover in part of those positions as well.   SOY Beans, meal, and soyoil were lower today, but it was s...

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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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