General Comments Unexciting and low volume characterized the overnight Globex trading. Markets are still starved for something on which to trade. At least the day session traders had USDA's weekly Export Sales report to mull over. Even though soybeans were supported by a large volume of sales, and corn was pressured by a disgustingly low volume of export sales, markets still failed to generate much enthusiasm or trading volume. Market watchers say that traders do not want to do much until they see the December WASDE next Tuesday, 11 December, but we doubt that it will contain enough that is new and different to be the spark that the market seems to be waiting for.What traders are really looking forward to is the January report blitz cont...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.