The Market It was a volatile week that started with price spikes on fears of a devastating drought but then sharply reversed on prospects for improved moisture - the very definition of a weather market. While soybean conditions have worsened, the crop is less threatened than corn at this juncture. Soybeans handle early season dryness better and can rebound on good rains in late July and August. The problem is longer term pattern of dryness. Soybeans hit a 3-month high on Wednesday and then incurred a 67-cent loss over the next two days. Yet export demand continues. Soyoil fell the daily limit (4-cents) after U.S. EPA’s renewable biodiesel blending requirement for the next three years failed to match up with market aspirations. The v...
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.