World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The market opened the day mixed as called and with some profit-taking; it ended the day mostly lower but with some interesting twists and turns. 

Volume: Volume was relatively low except for the Euronext wheat contract and feeder cattle. 

Red Hogs: There were higher bids for most contracts, but lean hogs never saw green once during the session. 

Shiners: Corn and soymeal not only ended in the green but saw gains in both the nearby and more distant contracts.   

Reversal: The market finally realized it had over-bought wheat and gave it a beating.

Despite the UN FAO’s concerns about current panic buying leading to higher food inflation, the spread between nearby contracts and those more...

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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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