World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Should Setback but Momentum is Higher

THE OPEN Nov beans:  6 higher Dec meal:  3.20 higher Dec soyoil:  16 higher Dec corn:  1/2 lower Dec wheat:  1/2 lower Prices opened as called with further short-covering activity in the PM session bringing us to new trading range highs.  The markets have turned extremely technical in scope, with lower key support points holding leading to today's fresh highs for corn, wheat, and beans.   Equities are higher on trade talk optimism (for right or for wrong), bringing more spill-over macro support to ags.  The market is willing to add premium in before tomorrow's report, and on the back of the storm (and two more forecast behind it), that could lower supplies in future USDA reports.  Targ...

WPI on Twitter

WPI POLL

What will be the impact of COVID-19?

Related Articles

EU Budget Quandary; Votes and Viruses

EU Budget Quandary The EU is in a quandary about how to square its budget following the exit of the UK, which was a net positive contributor to the balance sheet. In addition to taking on new spending goals on the environment, farmers are demanding that their share of the budget not be cut. The...

feed-grains soy-oilseeds wheat

Market Commentary

CBOT markets opened on a mixed note this morning with some buying interest emerging after the two-day selloff. Soymeal started the day with a strong rally that didn’t stop until the close after Argentina’s Ag Ministry stated it would temporarily halt the registration of new agricult...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 20 Corn closed at $3.705/bushel, down $0.02 from yesterday's close.  May 20 Wheat closed at $5.3575/bushel, down $0.0125 from yesterday's close.  May 20 Soybeans closed at $8.92/bushel, up $0.0375 from yesterday's close.  May 20 Soymeal closed at $298.3/short ton, up $5.3 fro...

EU Budget Quandary; Votes and Viruses

EU Budget Quandary The EU is in a quandary about how to square its budget following the exit of the UK, which was a net positive contributor to the balance sheet. In addition to taking on new spending goals on the environment, farmers are demanding that their share of the budget not be cut. The...

feed-grains soy-oilseeds wheat

Market Commentary

CBOT markets opened on a mixed note this morning with some buying interest emerging after the two-day selloff. Soymeal started the day with a strong rally that didn’t stop until the close after Argentina’s Ag Ministry stated it would temporarily halt the registration of new agricult...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 20 Corn closed at $3.705/bushel, down $0.02 from yesterday's close.  May 20 Wheat closed at $5.3575/bushel, down $0.0125 from yesterday's close.  May 20 Soybeans closed at $8.92/bushel, up $0.0375 from yesterday's close.  May 20 Soymeal closed at $298.3/short ton, up $5.3 fro...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Public Health Covid-19 Under Control in Hubei, Hidden Costs Rise China’s drastic response after the initial delay in shutting down the city of Wuhan and Hubei Province has paid significant dividends in terms of halting the spread of the virus. Although recent events in South Korea and Eur...

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