World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - Really Pro the Farmer

GOOD MORNING, Prices are firmer this morning after the release of crop ratings and the first results of the Pro Farmer crop tour.  Despite recent rain events and better weather developments, corn and bean ratings dropped, as the average corn yields from the Pro Farmer crop tour fall below USDA estimates.  Funds were sellers yesterday of around 11,000 corn contracts, but seem to be buying them back this morning.  REPORTS Crop Progress Report: Corn:  56% good/excellent, down 1%.  Dough stage:  55% vs. 83% yr ago and 76% average, 21% behind the average levels.  Dented: 15% vs. 41% yr ago and 30% average.  Silking:  95% vs. 100% yr ago.  The only states that showed improvement were Colorad...

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feed-grains soy-oilseeds wheat

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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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