World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Overnight trade was quiet as expected with traders looking to reduce risk and position in preparation for tomorrow’s mid-session WASDE release. Wheat and soybeans were lower overnight, but corn held on to small gains. Dalian soy complex and corn futures were once again quite strong, while Euronext Paris wheat declined again with the December milling wheat contract dropping 2.25 euros to close at 213.00 euros. Trade during the day session was also quiet, and volume was modest. The feature was funds’ across-the-board selling, apparently an effort to reduce risk exposure ahead of the report. Soybeans ended down around 6 cents, and corn slipped about 2 cents lower. Meanwhile, winter wheat contracts dropped 4.25-6.5 cents, but MGEX H...

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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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