GOOD MORNING, The markets continue to trade in defined ranges, with an overwhelming nod to chart stabilization yesterday. Corn trades to new contract highs this morning on technical strength and a solid week of export sales. Yesterday's trade featured a negative wheat trade vs. higher beans, and a strong seasonal for this trade actually begins next Monday. It could be that the February WASDE reinforces a buy bean/sell wheat trade, while soyoil futures may once again rally vs. meal. This morning, soyoil gains on meal backed by higher palm and the fact that Egypt purchased 58,000 soyoil at Wednesday's tender. Beans gain on corn, but these crops continue to vie for acreage. The overall bounce in...
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.