World Perspectives
feed-grains soy-oilseeds wheat

The Curious State of Wheat

There hasn’t been any positive or bullish news around the wheat markets for a very long time. Despite what appears to be overwhelmingly bearish U.S. and world wheat ending supply estimates, however, there are some developments that should be watched.There hasn’t been any positive or bullish news around the wheat markets for a very long time. Funds continue to carry a large short position in the Chicago wheat market, and there has been no incentive to exit with a huge U.S. winter wheat crop as well as no serious weather threat in the U.S. corn and soybean markets. In fact, the funds have completely reversed their long corn position over the past two weeks and are now reportedly short a small amount. That position change started after the Fou...

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feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

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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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