World Perspectives
soy-oilseeds

Oilseed Highlights: Fifth Weekly Drop in Value

The Market This was the fifth consecutive week of decline in soybean values. November soybeans lost 16 cents (-1.42 percent) to finish out the week at 1104/bushel. December soymeal was down $5.90 (-1.72 percent) for a contract value of 335.5/ST. December soyoil ended the week at 43.79/pound, a loss of 0.59 cents (-1.32 percent). Palm oil gained but ICE November canola lost 3.5 percent in value. 

For the week, speculators increased their net short position in soybeans by 22.38 percent to 139,294.  USDA’s Acreage and Quarterly Stocks reports were more a market mover for corn than for soybeans. Soybean planted acres came in a half-percent below the average pre-report estimates, meaning late planted corn acres were not swit...

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Summary of Futures

May 26 Corn closed at $4.465/bushel, up $0.0075 from yesterday's close.  May 26 Wheat closed at $5.74/bushel, down $0.0325 from yesterday's close.  May 26 Soybeans closed at $11.705/bushel, up $0.065 from yesterday's close.  May 26 Soymeal closed at $314.7/short ton, up $1.8 from...

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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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