World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Technical Selling, Profit Taking Push CBOT Lower; Soyoil Stocks Hit 9-Year Lows

The CBOT found the dip lower it attempted on Tuesday but that bulls firmly rejected. Amid improved weather forecasts for Brazil and an otherwise quiet news day, CBOT corn, soybeans, soymeal, and wheat all settled lower on a combination of technical pressure and profit taking. Notably absent from the day’s declines was soyoil, which found support from the NOPA report, which showed soyoil stocks at nine-year lows. The day’s price action casts some doubts on bulls’ ability to keep the market driving higher with technical resistance looming for multiple markets. At the same time, however, the fundamentals haven’t really changed since earlier this week, meaning the bullish risks – including the South American weathe...

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soy-oilseeds

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livestock

Livestock Roundup: China Hog and Pork Situation

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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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