GOOD MORNING, Prices were mixed for most of the session, with grains firmer against soy, but leaned lower into the close as the soy complex posted additional losses led by beans and soyoil. Grains are firmer. Corn and wheat spreads are also firm, while bean spreads have traded out to new lows. Buy grains/sell the soy complex trade dominates the space, along with more profit-taking in oilshare. The wheat market continues to trade with higher volatility as prices traded towards the $6.00 benchmark in March which touched off a round of profit-taking yesterday, and in the process placed a first corrective trade off the high. The $1.35 rally from the low of Sep. 3 to the high of $5.92 3/4 has been a consiste...
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.