It was a relatively tempered day in the proverbial trading pits with things not going quite as expected. • While the export sales report this morning imposed strong bearish sentiment on corn and the December contract trading down six cents at one point, it ended up taking a very minor loss. • Wheat prices were aided by continued problems in the HRS crop, but it was the Minneapolis contract, over-bought after rising for six straight days, that ended in the negative. By contrast, Chicago and Kansas City had gains. • Strong export sales and talk of even more Chinese soybean purchases made it seem that bulls would take out the shorts in the market. Indeed, the November contract at one point was trading up six...
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.