World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

After yesterday’s lashing, the grain and soy futures markets tried to rally during the overnight session. Corn and soybeans gained a few cents, and wheat, which took the worst beating, regained several cents. However, the rally effort was not able to generate any momentum, and it had faded away by the time the day session opened. The relatively quiet day session found no bullish enthusiasm. Corn prices puttered around before closing fractionally lower. Nearby Chicago and KC wheat contracts closed a few cents higher, but the more deferred contracts struggled to stay in the green. We cannot even call wheat’s action as much as a “dead cat bounce.” The soy complex continued yesterday’s slump with beans down 8.5-9...

WPI on Twitter

WPI POLL

Global Economy Outlook is?

Related Articles
feed-grains soy-oilseeds wheat

Market Commentary

Modest volume in overnight trading featured mostly lower prices before the market turned higher heading into the morning break. Corn, soybean, and wheat futures all finished that session with 3-5 cent gains. The day session opened with notable buy corn/sell soybeans action that left the soy com...

USMCA Hope; ERS/NIFA Solution

USMCA Hope House Ways and Means Committee Chairman Richard Neal (D-Massachusetts) reportedly said that congressional Democrats do not want to delay a vote on USMCA until 2020. Separately, it was noted that the relationship between the president and Democrats is toxic, but there will still be de...

wheat feed-grains soy-oilseeds

Black Sea Regional Analysis

Russian Grain Markets: 18-12 July 2019 The downward trend in domestic prices continued for the most part. However, the average milling wheat (12.5 percent protein) export price grew $2/MT to $196/MT FOB Black Sea, while the average purchase price fell to RUB 10,400-10,500/MT CPT-port Black Sea...

feed-grains soy-oilseeds wheat

Market Commentary

Modest volume in overnight trading featured mostly lower prices before the market turned higher heading into the morning break. Corn, soybean, and wheat futures all finished that session with 3-5 cent gains. The day session opened with notable buy corn/sell soybeans action that left the soy com...

USMCA Hope; ERS/NIFA Solution

USMCA Hope House Ways and Means Committee Chairman Richard Neal (D-Massachusetts) reportedly said that congressional Democrats do not want to delay a vote on USMCA until 2020. Separately, it was noted that the relationship between the president and Democrats is toxic, but there will still be de...

wheat feed-grains soy-oilseeds

Black Sea Regional Analysis

Russian Grain Markets: 18-12 July 2019 The downward trend in domestic prices continued for the most part. However, the average milling wheat (12.5 percent protein) export price grew $2/MT to $196/MT FOB Black Sea, while the average purchase price fell to RUB 10,400-10,500/MT CPT-port Black Sea...

feed-grains wheat soy-oilseeds

Summary of Futures

Dec 19 Corn closed at $4.415/bushel, up $0.0025 from yesterday's close.  Sep 19 Wheat closed at $5.055/bushel, down $0.02 from yesterday's close.  Nov 19 Soybeans closed at $9.005/bushel, down $0.055 from yesterday's close.  Dec 19 Soymeal closed at $313.6/short ton, down $1.2 fr...

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