Note: The Technical Perspectives launch period will be closing soon and your access to these reports will end on Tuesday, 17 September 2019. To continue accessing this information, please let us know by emailing Matt Herrington at mherrington@agrilink.com. THE OPEN Nov beans: 10 1/2 higher Dec meal: 2.70 higher Dec soyoil: 21 higher Dec corn: 2 1/4 higher Dec wheat: 2 1/2 higher The markets opened as called and quickly tacked on more gains with an extension rally on short-covering activity. The soy complex tacked on the best gains as buy-stops were triggered over recent highs. Floor chatter and rumors of bean purchases off the PNW set the tone for a more aggressive short-covering...
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.