World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

It was another day of quiet, low volume, wait-and-see trade in grain and soy complex futures. Prices were a bit higher across the board overnight, but they turned to more of a mixed stance during the day session as most contracts traded on both sides of Tuesday’s closes. At the end, Chicago and KC wheat were higher, but MGEX May was lower with the May contract falling to a new low closing price of $5.3475, down 7 cents. Corn closed slightly higher as that market continues to slowly claw back some of its losses of last Friday following USDA’s surprisingly bearish acreage and stocks reports. Soybeans were up early on but slumped to 5 cents down before crawling back enough to close with small losses. Meal was up slightly, but soyoi...

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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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