World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Sept Wheat Big Open Interest

SPREADS Sep crush firms back to 98c/bu while oilshare eases off its monthly highs to trade to 31.78 percent.   September contract liquidation continues, with deferred spreads widening out for corn.  Dec/March trades out to 10c from 9 1/2c.  The Dec/Dec inverse weakens below 10c to trade back to 9 1/2c.   Sep/Dec corn firms into 8 1/2c from 9c while Sep/Dec wheat trades from 7 1/4c to 7 3/4c.  September wheat still holds the largest amount of open interest for now, at 172,710 contracts vs. Dec at 114,342 contracts.  September open interest was down 4,931 contracts suggesting long liquidation.  December corn open interest stands at 528,334 vs. Dec at 747,697 contracts.  Most of the spread tr...

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feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3125/bushel, up $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.525/bushel, up $0.1525 from yesterday's close.  Mar 26 Soybeans closed at $11.3725/bushel, up $0.1325 from yesterday's close.  Mar 26 Soymeal closed at $307.9/short ton, up $4.9 fr...

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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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