THE OPEN Nov beans: 4 3/4 higher Dec soyoil: 10 lower Dec meal: 2.20 higher Dec corn: 2 1/4 lower Dec wheat: 5 lower Prices started the day on a mixed note with grains weaker but finding some moderate strength after the open. Chicago wheat continues to see spillover strength from Minneapolis, which gapped higher last week on the charts and has not looked back. Beans continue to react to all aspects of a trade deal with the US/China, both good and bad. Trump's measured speech at the UN addressed the China/US trade war, with stern words creating a negative impact on bean prices for a bit, but prices slowly recovered throughout the trading session. ...
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.