GOOD MORNING, Weaker macro markets, overbought conditions, and too long funds are resulting in lower markets across the board, and perhaps one of the best turns from the top that we have seen since the rally started. Losses this AM are significant enough to suggest that potential tops are in place. Price action started to break down shortly after 1:00 in the morning to current AM lows. A "calmer heads prevail" attitude traversed the grain and soy complex yesterday, with a net of new contract highs followed by a low volume weaker close. For beans, tensions between China and the US, better weather in SA, and what seems to be a bit of space in the pace of Chinese buying activity prompts profit-taking behavior.&n...
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.