World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

What Monday giveth, Tuesday taketh away – a colloquial way of saying that for grain and soy markets, today was Turnaround Tuesday. After Monday’s stout price rally, the turnaround began during the overnight session. Soybeans and corn traded quietly and mostly lower, while wheat traded on both sides of Monday’s closes. The day session saw the pullback from yesterday’s rally continue. In the case of soybeans, it expanded until late session when a small surge of buying pulled those prices back to about where they were at the early morning trading recess. After once being down 12 cents, soybeans finished with losses of 6.5-6.75 cents, giving back less than a third of Monday’s gain. Meal weakened by $3.90-4.70, and...

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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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