World Perspectives
feed-grains soy-oilseeds wheat

The Official Export Numbers

As interesting and important as export sales and export inspection data from USDA/FAS and FGIS may be, they are not the last word on the volume of corn, wheat and soybean exports. That comes from the monthly data compiled by the U.S. Census Bureau.With exports a key component in any analysis of U.S. grain and soybean supply/demand fundamentals, market participants and analysts focus intently on the USDA/FAS daily and weekly export sales reports in order to keep track of total export commitments (shipments plus open sales). They also follow the FGIS weekly reports on the volumes of grain and soybeans inspected for export to see how well actual shipments are matching those commitments, and futures market prices are often moved by perceptions...

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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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