The CBOT started the week on a mixed note with markets attempting to recover from the Grain Stocks report on Friday. Soybeans and the soy complex attempted to form a bottom and move higher and appear to have been somewhat successful in that effort, but only time will tell whether the reversal will “stick”. Wheat futures were mixed amid a lack of fresh fundamental news while corn futures chopped back and forth on both sides of unchanged. Funds were modest net buyers in the soy complex and corn and are thought to have been essentially flat in wheat. Low water levels in the Mississippi River are creating draft issues and “numerous” barges have run aground on the lower section of the river. The navigation difficulties h...
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.