General Comments It was a black and blue Friday for equity and commodity markets with both trading lower to sharply lower. CNBC reported today that more money flowed into equity markets this week than any other week in history ($26 billion). Commodity markets felt like a good chunk of that money flow was leaving. Soybeans had the first losing week in seven weeks. Technical signals were screaming sell. Only livestock markets were slightly higher on the prospect for cheaper feed and better margins.We also can't forget that the U.S. corn and soybean harvests are about to get underway and not many want to be long heading into harvest. Actual harvest yield reports across the guts of the Corn Belt remain scarce. The news reports better corn...
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.