THE OPEN March beans: steady March soyoil; 42 higher March meal: 1.00 lower March corn: 1/2 higher March wheat: 3 1/2 higher The markets opened as called with prices hitting new contract highs in soyoil on the back of a friendly palm oil market trade. It was a risk-on day across the board, though crude oil broke in the latter half of the session. Corn prices, which had been on the radar as everyone's sell leg, found support on a round of short-covering as well. Wheat prices were higher, which helped corn to put in gains. Beans were higher as they have sometimes correlated with the Shanghai stock market, fueled higher today by news out of China that the central bank would be pumping $115...
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.