World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Today’s CME closing grain market board was very unusual in the array of tiny price changes compared with that of yesterday. MGEX wheat had the biggest gains, finishing up 2.5-3 cents. Every other change was 1 cent or less except for a 1.25 cent gain for corn and Chicago wheat. While this has undoubtedly happened before, we do not recall ever seeing such small closing price changes across the entire board. January soybeans finished a penny lower with more deferred contracts down just fractions, and KC wheat was fractionally mixed. Even the changes for soy products were very small. Soymeal was up 30-50 cents, and soyoil was down just 2-5 points. To be honest, prices did vary more during the overnight and day trading. Corn was up as muc...

WPI on Twitter

WPI POLL

The future of the agricultural commodities business is?

Related Articles
wheat feed-grains soy-oilseeds

Black Sea Regional Analysis

Russian Grain Markets: 10-14 June 2019 Export prices for 2019 wheat (12.5 percent protein content) remained within $196-198/MT FOB Black Sea, and the average purchase price was RUB 10,500/MT CPT-port Black Sea. Meanwhile, the average export price for 2019 feed barley dropped to $170/MT FOB Blac...

USMCA Codification; Mitigating the Mitigation; Expanding the Conflict

USMCA Codification What seemed unlikely just a few weeks ago now looks like a growing possibility – U.S. congressional passage of the USMCA. USTR Robert Lighthizer told members of Congress that he will do whatever it takes to mollify their concerns. The U.S. Chamber of Commerce says it no...

feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy complex futures were mostly lower overnight with the corn market’s recent support diminishing. Soybeans were choppy with headlines about a potential Trump/Xi meeting being balanced against the overall bearishness of soybean fundamentals. Overall, the market was characterized...

wheat feed-grains soy-oilseeds

Black Sea Regional Analysis

Russian Grain Markets: 10-14 June 2019 Export prices for 2019 wheat (12.5 percent protein content) remained within $196-198/MT FOB Black Sea, and the average purchase price was RUB 10,500/MT CPT-port Black Sea. Meanwhile, the average export price for 2019 feed barley dropped to $170/MT FOB Blac...

USMCA Codification; Mitigating the Mitigation; Expanding the Conflict

USMCA Codification What seemed unlikely just a few weeks ago now looks like a growing possibility – U.S. congressional passage of the USMCA. USTR Robert Lighthizer told members of Congress that he will do whatever it takes to mollify their concerns. The U.S. Chamber of Commerce says it no...

feed-grains soy-oilseeds wheat

Market Commentary

Grain and soy complex futures were mostly lower overnight with the corn market’s recent support diminishing. Soybeans were choppy with headlines about a potential Trump/Xi meeting being balanced against the overall bearishness of soybean fundamentals. Overall, the market was characterized...

feed-grains soy-oilseeds wheat

Summary of Futures

Jul 19 Corn closed at $4.41/bushel, down $0.0875 from yesterday's close.  Jul 19 Wheat closed at $5.2225/bushel, down $0.0925 from yesterday's close.  Jul 19 Soybeans closed at $9.0325/bushel, down $0.1025 from yesterday's close.  Jul 19 Soymeal closed at $316.9/short ton, down $...

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