World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Dead Cat Bounce in Wheat; Soy Extends its Rally; EPA RVOs Still Pending

The CBOT was mostly higher at mid-week with soymeal and soybeans leading the way in a demand-fueled rally. Wheat traded sideways for the morning but eventually found some buying interest and rallied heading into the close to settle 12-14 cents higher. The wheat rally lacked any fundamental justification and appears to be a “dead cat bounce”, but could develop into something more if the rally is extended. The livestock contracts all settled higher as well after the cash hog market made a surprise rally yesterday afternoon and early this morning. Cattle futures followed with some support developing from this week’s cash trade. Funds were net buyers in the soybeans and soymeal and pared some of their net long out of the soyoi...

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feed-grains soy-oilseeds wheat

Market Commentary: Soymeal, Live Cattle Post New Contract Highs; Grains End Firmer

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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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