World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy complex futures were mixed overnight in light trading volume that saw corn, wheat, and soybeans trade both sides of unchanged. Yesterday’s move higher on the charts should create a more bullish outlook, but the grains had trouble following through on that in the overnight session as near-term weather forecasts were more favorable. During the day session, the expiration of July options after today’s close set the tone for an opening rally in wheat. Buy wheat/sell soybeans was featured throughout the day along with some bull spreads for corn/soybeans being placed as well. Volumes were average as the trade featured mostly position-squaring ahead of the weekend and next week’s 1 June Acreage and Stocks report. T...

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livestock

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The pork industry saw production margins improve last week as strong pork demand lifted prices for both the pork cutout and physical hogs. Pork packer margins ticked slightly higher as gains in the pork market outpaced those in the hog market while higher lean hog futures and a slight dip in fe...

feed-grains soy-oilseeds wheat

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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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