World Perspectives
soy-oilseeds

WASDE Soybeans

SOYBEANS: U.S. soybean supply and use changes for 2022/23 include higher exports, lower crush, and reduced ending stocks compared with last month’s report.  Higher exports more than offsetting lower crush, and the U.S. ending stocks are estimate is reduced 15 million bushels to 210 million.  U.S. soybean oil exports are reduced 200 million pounds to a historically low 500 million.  The U.S. season-average soybean price forecast for 2022/23 is unchanged at $14.30 per bushel.  The soybean meal price is forecast at $465 per short ton, up 15 dollars.  The soybean oil price is reduced 2 cents to 66.0 cents per pound. Global 2022/23 soybean ending stocks are lowered 2.0 million tons to 100.0 million...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.13/bushel, up $0.0225 from yesterday's close.  Dec 25 Wheat closed at $5.0025/bushel, up $0.035 from yesterday's close.  Nov 25 Soybeans closed at $10.065/bushel, down $0.0125 from yesterday's close.  Dec 25 Soymeal closed at $274.3/short ton, up $0.2 fro...

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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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