GOOD MORNING, Prices are higher across the board as funds buy anew yesterday. Beans place new ctr highs with January over $11.00 with rumors that China is once again around the market. Corn follows beans with short-covering in wheat as more tenders emerge from Jordan, Pakistan, Syria, Tunisia, and Japan. China's dispute with Australia could turn exports back to the US, while China continues to auction off large wheat reserves due to soaring corn prices. Soyoil values are higher following a sharply higher palm oil market. Meal is higher as crush margins are very attractive. A return to a weaker US dollar is supportive as well. Strong technical buying activity fueled the upside of the market as new fund m...
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.