The Market This week started strong, took a midweek dip, and then recovered, except for soyoil. Soybeans are in an uptrend and the March contract is trading solidly in a 15.35-15.41 range. For the week, it gained 22.5 cents (1.54 percent). However, the standout this week was soymeal. Friday saw a new contract high for March meal (500.4) and the highest price for the contract in nine years. For the week, it is up $23 (4.85 percent). Gulf meal is now priced 2 percent higher than Argentine origin and 5 percent more than Brazilian, so it is domestic demand driving it higher. By contrast, global vegetable oil prices are showing weakness. After plunging on Wednesday on heavy volume, March soyoil never fully recovered and for the week it lost 1.5...
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.