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feed-grains soy-oilseeds wheat

Market Commentary

Overnight price action saw grain and soy prices continue the firmer trend set by the rebound from earlier losses late in Monday’s day session that was enough to maintain positive technical support. Soybeans and winter wheat were a few cents higher, and corn gained a fraction of a cent overnight. There were increases in open interest in corn, soybeans and Chicago wheat from Monday’s trade, which suggest that funds were still adding to their large long positions. The day session opened with green numbers all around, and once again funds provided much of the buy side of the action in what otherwise was relatively quiet action with modest volume. The soy complex finished in firm fashion with May soybeans up 7.5 cents and November u...

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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.

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