World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Beans/Meal Lead

SPREADS July crush trades 58c/bu while oilshare trades to 39.99%.  Bean spreads are firmer with July/Nov trading from 1.85 3/4c to 1.92 1/2c.  May/July bean spread trades down to 10 3/4c inverse to 12 1/4c.  July/Dec meal falls to $27.70 inverse from $30.60.  July/Dec corn inverse trades to 64c from 66 1/4c while May/July trades to 16 1/2c from 17 1/4c, and values that were 19 1/4c. May/July wheat trades down to 7 1/4c inverse from 9c.  The July wheat/corn spread trades from 90c to 89 3/4.   PALM OIL June closed unchanged at 3,930 ringgit/mt.  Inventories at the world's largest grower Indonesia is expected to shrink by almost half to 2.67 mmt by the end of 2021 as a rise in demand is seen outpacing...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.3425/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.435/bushel, up $0.095 from yesterday's close.  Jan 26 Soybeans closed at $11.3425/bushel, up $0.19 from yesterday's close.  Dec 25 Soymeal closed at $320.8/short ton, down $0.8 fro...

Offer Ownership; False Equivalence

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feed-grains soy-oilseeds wheat

Market Commentary: Soybeans, Wheat Rally on China Buying; USDA Confirms Report Release

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Summary of Futures

Dec 25 Corn closed at $4.3425/bushel, up $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.435/bushel, up $0.095 from yesterday's close.  Jan 26 Soybeans closed at $11.3425/bushel, up $0.19 from yesterday's close.  Dec 25 Soymeal closed at $320.8/short ton, down $0.8 fro...

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Offer Ownership U.S. Senator Kevin Cramer (R-North Dakota) has urged the U.S. Justice Department to investigate the “Big Four” meat packing companies, suggesting their excessive market power is the reason consumers are being charged high prices for beef. The North American Meat Inst...

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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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