World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

While corn is sitting at or near contract lows and wheat was lifeless again today, the soybean market received a lift from another round of export sales announcements this morning. General Comments Markets were mixed in overnight trade on little fresh news to end the week and the month. That changed when USDA announced another round of soybean export sales this morning, which pushed the soy complex higher at today’s opening. USDA has announced a total of 717,000 MT of old and new crop soybean export sales this week to China and unknown.Weather is still basically benign heading into August. There will be periods of heat and limited rainfall, but nothing appears to be serious enough today to create any uneasiness about yield losses.U.S. fin...

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feed-grains soy-oilseeds wheat

Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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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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