World Perspectives
feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

In Argentina, there is a rapid heat up in soybean basis. 20 days ago, cargoes traded at a negative level of 9 SN below CBOT. This week trades are being made at 5 SN for May and 7/8 for June and July. Soybeans In Argentina, there is a rapid heat up in soybean basis. 20 days ago, cargoes traded at a negative level of 9 SN below CBOT. This week trades are being made at 5 SN for May and 7/8 for June and July. Meanwhile, Brazil has become more expensive every day over the last month and less competitive compared with Argentina (almost a 40-cent gap today - see chart below). Demand has arrived at this market. After several cargoes traded, mainly CNF, sellers backed off a bit, raising CNF levels while the FOB market has dried up. The Argentine p...

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feed-grains soy-oilseeds wheat

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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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