World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Markets were generally soft overnight. That pattern of weakness then held throughout today in corn and wheat markets, but the soy complex did not follow and closed higher for the week. Friday’s volume was underwhelming except in Chicago wheat. Outside markets were higher today. Oil was trading with gains of more than $1.00/barrel. The U.S. dollar was firm, and U.S. equity markets were also strong.   Corn FUTURES Corn was weaker, mostly in concert with the big losses in wheat, and closed down 2.25-4 cents. Open interest in corn futures is now the biggest ever, which is interesting in view of the sizable old crop U.S. ending supplies. U.S. corn export sales have been on a torrid pace, however. That is expected to continue for...

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feed-grains soy-oilseeds wheat

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Jul 25 Corn closed at $4.455/bushel, up $0.03 from yesterday's close.  Jul 25 Wheat closed at $5.2475/bushel, up $0.075 from yesterday's close.  Jul 25 Soybeans closed at $10.7775/bushel, up $0.0525 from yesterday's close.  Jul 25 Soymeal closed at $291.9/short ton, down $1.4 fro...

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Livestock Round Up: Cattle Shortage Still Affecting Prices

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Oilseed Highlights: RVO Rumors Sink Soyoil; Sesame Demand Slows

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.455/bushel, up $0.03 from yesterday's close.  Jul 25 Wheat closed at $5.2475/bushel, up $0.075 from yesterday's close.  Jul 25 Soybeans closed at $10.7775/bushel, up $0.0525 from yesterday's close.  Jul 25 Soymeal closed at $291.9/short ton, down $1.4 fro...

feed-grains soy-oilseeds wheat

Market Commentary: Tax Credit Hopes Bouy Soyoil; Wheat Gains on Weather; Cattle Turn Bearish

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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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