It was certainly Turnaround Tuesday at the CBOT with grains heading lower and cattle seemingly the only market to find support. Funds were active sellers at the open but improving technical conditions limited the amount of follow-through this morning. The Saudi oil minister noted the country could be back to producing at full capacity in 2-3 weeks, which pressured oil futures and generated a general bearish feeling in markets including grains and oilseeds. Outside the Saudi news, there was little else fresh information to trade on. The Chinese trade delegation will arrive this week for negotiations at the White House, but any outcome from those talks is unclear and far from certain. One positive note is that China purchased (accordin...
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.