World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments For grain and soy futures markets, it was another day of more of the same low trading volume, narrow price ranges and not much interest in either buying or selling futures contracts. At least traders had this morning’s weekly export sales report to ponder, which was more than they had to think about yesterday. Overnight price changes were insignificant. November soybeans traded in a mere 2 cent range overnight, a range that expanded to around 8 cents during the day session before soybean contracts closed down about 4 cents. Soymeal futures finished off $3.00-3.30, and soyoil closed 23-26 points higher. December corn could muster only a 2.5 cent price range, and corn futures closed lower by fractions. Chicago wheat t...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.37/bushel, up $0.035 from yesterday's close.  Sep 25 Wheat closed at $5.5675/bushel, down $0.0725 from yesterday's close.  Nov 25 Soybeans closed at $10.4925/bushel, up $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $292.2/short ton, up $1.4 fr...

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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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