World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Looking Down

SPREADS May crush trades to 1.03c/bu while oilshare trades down to 34.36%.   Spreads are a touch wider with July/Dec corn trading back out to 2c from 1/4c carry and March/Dec trading out to 12 1/2c from 10 1/2c.  July/Nov beans widen back out to 9 3/4c from 8 1/4c.  March wheat/corn trades from 1.78c down to 1.73 1/4c.  March/May meal trades a fairly tight $4.30 to $4.50 carry. PALM OIL Down 65 ringgits ending at 2,648 / mt NEWS Equities are lower down 200 pts as concerns intensify over the spread of the coronavirus.  Crude trades down to $51.95/barrel with the US dollar down to 97.84.   CALLS Calls today are as follows: beans:  6-9 lower meal:  80-1.00 lower soyoil:  40-50 lo...

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feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Emerge from Hibernation

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Vietnam Deal; EU Green Targets

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feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.18/bushel, up $0.12 from yesterday's close.  Sep 25 Wheat closed at $5.64/bushel, up $0.15 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.2075 from yesterday's close.  Dec 25 Soymeal closed at $290.8/short ton, up $3.2 from yester...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Bulls Emerge from Hibernation

Usually, one discusses bears - not bulls - emerging from hibernation, but the somewhat discongruous title of today's report is an accurate image of Wednesday's market activity. The CBOT turned sharply higher at mid-week with corn, the soy complex, wheat, and livestock futures all posting strong...

Vietnam Deal; EU Green Targets

Vietnam Deal As the 9 July deadline approaches, a second trade deal was announced by President Trump. He says the U.S. will apply a 20 percent tariff on imports from Vietnam (versus 46 percent reciprocal), and 40 percent if the product was transshipped. The duty could vary based on domestic con...

feed-grains soy-oilseeds wheat

Summary of Futures

Sep 25 Corn closed at $4.18/bushel, up $0.12 from yesterday's close.  Sep 25 Wheat closed at $5.64/bushel, up $0.15 from yesterday's close.  Nov 25 Soybeans closed at $10.48/bushel, up $0.2075 from yesterday's close.  Dec 25 Soymeal closed at $290.8/short ton, up $3.2 from yester...

FOB Prices and Freight Rates App (Updated 2 July)

WPI Grain Prices and Freight Rate App  **** Note: After our recent website update, we're having difficulty correctly linking the app to this page. Until we get this fixed, please visit the app directly via the link below. ***  https://worldperspectives.shinyapps.io/Combined_FOB_Price_...

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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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