THE OPEN November beans: 6 lower December meal: .20 lower December soyoil: 32 lower December corn: 3 3/4 lower December wheat: 5 1/4 lower The markets started the day defensively with buyers standing back waiting for prices to come to them rather than aggressive fund selling out of the gate. The macro trade was front and center today as US/China applied new tariffs on each other's imports over the weekend with a question mark on if there would be further meetings in September. The stronger US dollar continued to weigh on commodities as it becomes a flight to safety trade. Buy soy/sell grain trade was the trade feature. EXPORT INSPECTIONS At 10:00 export inspections we...
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.