There have been various topics of interest and potential importance for commodity markets in the news during recent days with a few that particularly warrant some comments.There have been various topics of interest and potential importance for commodity markets in the news during recent days, and following are some thoughts regarding a few:- The U.S. Federal Reserve Bank began its two-day Federal Open Market Committee (FOMC) meeting today with its decision on interest rates and statement summarizing its views about the U.S. economy due to be released tomorrow afternoon. The preponderance of economic signals in the past month has been positive, and the Fed’s statement is expected to be at least slightly more upbeat than in the recent past. H...
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.
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...