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...
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.