World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Trading at the CBOT was dominated by selling in corn and soybeans, with some support in the wheat complex, though much of that was likely the result of corn/soybeans being bear spread against wheat. Funds were net wheat buyers, securing an estimated 6,000 contracts, while selling 15,000 contracts of corn, 7,000 contracts of soybeans, and 6,000 contracts of soymeal. Funds were reported to have bought 6,000 contracts of soyoil.  The weekly Export Inspections report was bearish corn, bullish soybeans, and neutral wheat – seemingly the same pattern the report has shown for the past few months. Despite a weekly uptick in corn shipments, the 25.1 million bushels (mbu) sold was below the 40 mbu needed to keep pace with USDA’s for...

WPI on Twitter

WPI POLL

All I want for Christmas is?

Related Articles

Impeachment Progressing, Slowing Other Action

House Speaker Nancy Pelosi (D-California) directed Congressional Committee chairmen yesterday to begin drafting articles of impeachment against President Trump. A vote on impeachment could come before the end of the year and the proceedings continue to suck energy and momentum out of other key...

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT opened on a higher note after overnight news of Chinese removal of some tariffs on U.S. ag products. Soyoil jumped to sharp gains early, which helped boost soybeans as well. Grain trade was under the influence of buy soybeans/sell corn/wheat trade which capped rallies in the latter con...

¡Aguas! USMCA; All I Want for Christmas

¡Aguas! USMCA The Mexicans are becoming frustrated with the varying demands from Washington for changes to the USMCA before Congressional Democrats will move the agreement forward. Some are aggressive, such as American inspections of Mexican plants and rejecting products at the border. So...

Impeachment Progressing, Slowing Other Action

House Speaker Nancy Pelosi (D-California) directed Congressional Committee chairmen yesterday to begin drafting articles of impeachment against President Trump. A vote on impeachment could come before the end of the year and the proceedings continue to suck energy and momentum out of other key...

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT opened on a higher note after overnight news of Chinese removal of some tariffs on U.S. ag products. Soyoil jumped to sharp gains early, which helped boost soybeans as well. Grain trade was under the influence of buy soybeans/sell corn/wheat trade which capped rallies in the latter con...

¡Aguas! USMCA; All I Want for Christmas

¡Aguas! USMCA The Mexicans are becoming frustrated with the varying demands from Washington for changes to the USMCA before Congressional Democrats will move the agreement forward. Some are aggressive, such as American inspections of Mexican plants and rejecting products at the border. So...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 20 Corn closed at $3.7675/bushel, up $0 from yesterday's close.  Mar 20 Wheat closed at $5.245/bushel, up $0.0075 from yesterday's close.  Jan 20 Soybeans closed at $8.895/bushel, up $0.0525 from yesterday's close.  Jan 20 Soymeal closed at $299.3/short ton, down $2.2 from ye...

Image
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.

Search World Perspectives

Sign In to World Perspectives

Don’t have an account yet? Sign Up