THE OPEN Jan beans: 1 3/4 higher Jan meal: 1.00 higher Jan soyoil: 3 higher March corn: 1 lower March wheat: 3 higher Prices opened as expected with more unwinding of recent spreads. Corn gained on wheat and beans, oilshare was steady, and in the macro space what seemed like a sell equities/buy grains trade emerged. Comments from Trump during the session only served as a catalyst for worry, as investors shed length over trade negotiations. South America still has a benign feel to it, which is capping off a bean recovery. Dr. Cordonnier left his Brazilian corn and bean crops unchanged at 102 mmt and 123 mmt, respectively. Argentina's corn and bean crops were also left u...
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.