GOOD MORNING, The markets are trading back and forth attempting to define ranges into the October report. Funds maintain a net short position across the board and yesterday sold 10K corn contracts, which takes them to a 150K short. Crude oil is lower again today breaking back below $60/barrel as geopolitical tensions calm and Saudi Arabia assures that supplies can come back online. In terms of other outside influences, a Reuters story runs this morning that Trump suggested a China deal could be finalized before the election next year, or possibly after voters go to the polls. Not much of a reaction from beans, as they become more immune to trade talk. Even the Dow is not reacting to this story, dow...
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.