GOOD MORNING, Prices in the night session started off the evening on a mixed note, mostly defensive, but losses accelerated in the last hour of trade. Palm oil prices were lower overnight, pricing in weaker Malaysia export data for August which weighed on soyoil futures once again. ASF concerns remain in place for China, impacting meal prices. Corn is on the defensive with funds probably selling another 10K yesterday, bringing them close to 25K on the week so far. Fund position dominated trade heading into the last day of the month. Overall trade remains thin with users pricing on breaks, farmers overhead, and funds liquidating longs. A fresh month brings another WASDE report on Sep. 10.&nbs...
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.