World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Overnight trade featured prices on both sides of unchanged in heavy volume (well, heavy for an overnight session). Corn attempted to break below yesterday’s low but failed, which brought more buying heading into the morning. At the close, corn, soybean and wheat futures were all higher. The day session saw CBOT futures move up, and fund short covering in soybeans along with long position taking in corn and wheat propelled the market. Breaks were eagerly bought, and farmer selling on rallies was notable but not as heavy as yesterday. The weekly export sales report was delayed one day due to Monday’s U.S. holiday, which likely postponed some bearish news. With the U.S. dollar’s recent strength, it would be unsurprising to s...

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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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