The CBOT was mostly lower to start the week with funds remaining in a defensive mood heading into the January WASDE and Grain Stocks reports. The USDA will release both reports at noon on Thursday and the report(s) certainly have good potential to be major market movers. Much of the focus will be on USDA’s South American crop estimates, particularly Argentina’s, but the updated grain stocks data will help inform final production numbers for the 2022 corn and soybean crops. The weekly Export Inspections report featured more of the same, with corn shipments missing their weekly target and expectations, even after the later were adjusted for the holiday-shortened week. Corn shipments were down by nearly half from the prior w...
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.