Where Fools Rush In Twice In yesterday's report, WPI's Bob Kohlmeyer provided his commodity market prognostications for 2013 entitled, "Where Fools Rush In" -- that being the first part of a line in English poet Alexander Pope's "An Essay on Criticism." Another famous line in that essay is "To err is human, to forgive divine." Hopefully readers will forgive the following policy prognostications about 2013.Debt Ceiling: The debt ceiling will be raised, but perhaps not before it is breached -- at least for a few days. Both President Obama and Republicans have dug their heels in hard following agreement earlier this week on increased taxes. Yet someone has to give. Republicans have the most to lose, having already given this week on taxes...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.