General Comments The last full trading session before tomorrow's key reports from USDA was understandably a light volume affair. Any trader wishing to position a bet on the reports and the direction of futures prices in their wake presumably already has established his position before now. Although corn and soybean prices struggled a little bit to hold yesterday's closing levels in the early going, both markets stayed with green numbers during most of the day session. The wheat market probably has less to gain or lose from tomorrow's reports than either corn or the complex, but concern over the possibility of freeze damage to Plains HRW and SRW in the Mid-South kept wheat markets firm all session.One thing seemed clear during today's tra...
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.