Wheat has attractive prospects for 2016, but today's close of the December Chicago SRW contract back below the physiologically important level of $5.00 seems somewhat of an ominous indicator against buying prematurely. General Comments Money management is temporarily the dominant price-influencing factor in Chicago grain futures. There is little reason to discuss other influences of secondary importance because that is poised to dictate price action for the next few days, which is likely to be lower.The December corn contract appears to have declined low enough when all other factors other than money management are considered. However, that cannot be left out of the equation, and it substantially increases the probabilities that corn will...
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.
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...