GOOD MORNING, The overnight markets were in correction mode for the PM session, led by wheat as better weekend rains were noted. The markets closed mixed, and spreads are firming again. The markets remain in technically driven mode and still have the fundamentals to back a bull market move. Surprisingly, funds actually lightened up last week and may be waiting for a larger break post May 12 USDA report to add back length. Strategy is everything. Good crush margins, overall demand and higher vegoil prices keep values on the up and up. Over the weekend Egypt tendered for 30,000 mt of soyoil and 10,000 mt of sunoil for July arrival. Spreads were lower last week but should see some adjustm...
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.