Yesterday’s bump in the market was because USDA’s WASDE report was not as bearish as feared. Today’s jump is harder to explain - it seems miscalculated. Some say it was based on the prevented planting acres data, but the World Agricultural Outlook Board would have had those numbers when finalizing the WASDE. The “lockup” or closed-door meeting where WASDE numbers are finalized involves all cards on the table. The outcome is based on the best “facts” available and that includes the prevented planting numbers. The derecho impact was not included, but everyone knows that will not change the bottom-line numbers very much. Late today some were speculating it is the weather forecast. So today was b...
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.