General Comments The markets started steady to higher in extremely light volume Sunday evening, with soybeans trading as much as 7-8 cents higher. Volume was so light that there were differences of pennies between the bid and offers even in the nearby contracts. Any buying, however, completely dried up as the night wore on, and by sunup this morning soybeans were facing double-digit losses, with corn and wheat trading lower as well.It was the last trading day of 2012, and there just wasn't any bullish news on which to finish the year. The U.S. Congress is on the precipice of the fiscal cliff, and no one really knows what it means if some sort of agreement isn't reached. Today's chatter on the news and financial networks had a somewhat...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
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...
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.