World Perspectives
feed-grains

WASDE Corn - March 2022

Corn: USDA decreased U.S. 2021/22 ending stocks by 100 million bushels. Corn used for ethanol is raised 25 million bushels to 5.350 billion and exports are raised 75 million bushels, reflecting expectations of sharply lower exports from Ukraine.  The projected season-average farm price is raised 20 cents to $5.65 per bushel.  Global coarse grain production for 2021/22 is forecast 1.5 million tons higher to 1,498.9 million.  This month’s foreign coarse grain outlook is for larger production, lower trade, and greater ending stocks relative to last month.  ...

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Summary of Futures

Mar 25 Corn closed at $4.705/bushel, up $0.145 from yesterday's close. Mar 25 Wheat closed at $5.3075/bushel, down $0.0325 from yesterday's close. Mar 25 Soybeans closed at $10.2525/bushel, up $0.2625 from yesterday's close. Mar 25 Soymeal closed at $298.3/short ton, down $1 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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