World Perspectives
feed-grains

Two Ways to Look at Wheat

Less than one month ago, the HRW and HRS leading contracts were at their record lows. The SRW leading contract hit its record low at the start of the marketing year. All three contracts are up as cumulative U.S. wheat export bookings are 7.3 percent ahead of the same period last year. However, the export picture changes as one looks at each class of wheat.  For example, cumulative SRW bookings are 4.7 percent below a year ago and behind the five-year average. Cumulative SRW exports are down 41.2 percent with weekly net export sales trending down. Yet, the SRW price has climbed the most from its contract low in June, up 15.6 percent. Meanwhile, HRW weekly outstanding export sales are up 35.1 percent year over year and cumulative booki...

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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

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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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