THE OPEN November beans: 7 1/2 lower December meal: 4.30 lower December soyoil: 10 lower December corn: 7 3/4 lower September wheat: 3 1//2 lower The markets opened as expected with more selling pressure in corn and beans after the open. Oilshare was firmer as meal prices were weaker vs. soyoil. Wheat prices were firmer vs. corn in early trends. Technically speaking, open gaps left unfilled are now price negative which result in funds adding back corn short positions. The fund length in beans created a deeper sell-off in that market, as corn seemed to find some support on scale down pricing interest. At 10:00 export inspections were as follow: beans: 483,331 mt...
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.