World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Downward

SPREADS July crush trades down to 60c/bu while oilshare sits at 40.19%.  Spreads are a touch weaker today as funds book profits.  July/Nov bean inverse trades to 1.89 1/4c from 1.92 1/2c, though the May/July inverse trades higher to 12 1/2c from 11 3/4c.  July/Dec meal trades from $30.40 to $31.40.  July/Dec corn inverse trades from 65 3/4c up to 68 1/2c.  May/July corn trades from 16 1/2c inverse down to 15 1/2c.  July wheat/corn trades from 84c down to 80c.  May/July soyoil trades down 8 pts to 2.95 from 3.19.  May/July wheat trades from 5 3/4c inverse to 4c.  PALM OIL June palm oil down 54 ringgits at 3.869 ringgit/mt.  Malaysia's AmSpec estimated palm oil exports for March 1-25 at 1.0...

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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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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

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...

feed-grains soy-oilseeds wheat

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

Rumors of Chinese buying supported soybeans and SRW wheat futures on Monday and sent both contracts to new rally highs. For soybeans, the biggest news drivers were details that the White House shared about China’s soybean purchase commitments and China’s confirmation that it will su...

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

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...

SNAP Benefits Run Out, USDA Issues Contingency Plan

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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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