World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Dithering Through the Holidays

There is no way to make this sexy. This is a market mostly perceived to be at equilibrium. Perceptions can be wrong but with nothing else to go on, volume declined this week and, barring some surprise, will be even lower through the holidays. There was nothing unlucky about Friday the 13th, unless you were a bull in grain and soybeans. One observer characterized it as lackadaisical, but at most it was benign. Generally moving lower post the December WASDE. On the week: Nothing in grain and soybeans moved more than a fraction of one percent in value, one way or another. The three wheats split the week, with HRW and HRS marginally higher, and SRW marginally lower.   Soyoil was down but canola ended the week higher. 12...

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feed-grains

Holiday Schedule

Financial markets will be closed on Wednesday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Wednesday. WPI wishes everyone a joyous and safe holiday.WPI will resume operations on Thursday, 26 December. Note that Ag Perspectives will be providing...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.485/bushel, up $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.3475/bushel, down $0.0575 from yesterday's close. Jan 25 Soybeans closed at $9.7525/bushel, up $0.0575 from yesterday's close. Mar 25 Soymeal closed at $301.6/short ton, up $3.6 from...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Consolidate in Pre-Christmas Trade

Corn, soybeans, and soymeal closed higher ahead of the Christmas holiday, driven by short covering, technical factors, and increasing dryness in Argentina. Trading volume was predictably light on Christmas Eve, as traders showed little interest in adding risk during the seasonal trading slowdow...

feed-grains

Holiday Schedule

Financial markets will be closed on Wednesday, 25 December for the Christmas holiday. As a result, there will be no Ag Perspectives report on Wednesday. WPI wishes everyone a joyous and safe holiday.WPI will resume operations on Thursday, 26 December. Note that Ag Perspectives will be providing...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.485/bushel, up $0.0075 from yesterday's close. Mar 25 Wheat closed at $5.3475/bushel, down $0.0575 from yesterday's close. Jan 25 Soybeans closed at $9.7525/bushel, up $0.0575 from yesterday's close. Mar 25 Soymeal closed at $301.6/short ton, up $3.6 from...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Consolidate in Pre-Christmas Trade

Corn, soybeans, and soymeal closed higher ahead of the Christmas holiday, driven by short covering, technical factors, and increasing dryness in Argentina. Trading volume was predictably light on Christmas Eve, as traders showed little interest in adding risk during the seasonal trading slowdow...

livestock

Livestock Industry Margins

Both beef and pork packer margins improved last week on stronger spot meat demand and pricing while producer margins showed mixed trends. Margins for feedlot placements, weaned hog placements, and pigs farrowed last week all fell from the prior week. In the case of feedlots and wean-to-finish 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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