Traders showed more interest in the overnight session. Volume was not back to Tuesday’s level, but it was notably higher than Wednesday’s. Pricewise, the results were mixed. Grains were steady to firm, but soybeans traded mostly lower. A wire service reported late in the overnight session that a summit between Presidents Trump and Xi has been postponed until sometime in April. This caused a very brief sell-off, but it did not last long. There has not been a formal announcement from either side on the timing of a meeting. The grains continued to trade above Wednesday’s closes during the day session, while soybeans remained stuck in the red. May corn closed up 3.75 cents at $3.7025, but the best December corn could do was f...
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.