USDA’s August WASDE will be out at noon (EDT) on 12 August, and to say it is highly anticipated is an understatement. Grain and soy futures market trade has been pointed at this edition of the report for weeks. In part, this has been due to the scarcity of market-moving news lately, but a major reason for such keen anticipation is the confusion regarding U.S. new crop corn and soybean production prospects. This spring’s incessant rains combined with the melting of the deep and widespread snowpack caused virtually every creek and river in the central U.S. to overflow, which created floods at record levels. Cities, towns and farmland were inundated, and much of that region turned into a huge lake that gradually flowed southward al...
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.