THE OPEN November beans: 9 higher December meal: 1.20 higher December soyoil: 14 higher December corn: 2 1/4 higher September wheat: 1 3/4 higher The markets opened higher as called but there was certainly no panic from the bear as we started the day on a firmer note. Buy soy/sell grain trade was alive and well throughout the day, along with buy meal/sell soyoil trade. Technically speaking, the clear lack of follow-through to the upside for grains spoke volumes as traders remain largely bearish, building further short positions. But nervous soy complex shorts won the day as pullbacks into the midday hour remained well bid. Export inspections were released at 10:0...
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.