There has been much said about the recent flight of managed money from grain and soy futures markets in search of greener pastures, and the record setting U.S. stock market certainly has provided one. Long liquidation by non-commercials has kept the soybean futures market under pressure during the last three to four weeks even though there is nothing to suggest that there has been any real relief for the extraordinarily tight supply and demand balance for physical soybeans during the last six months of the 2012/13 soybean crop year ending 31 August. Non-commercial liquidation of long soybean futures positions undoubtedly has dampened some of the market impact of the tight supply situation, much to the frustration of some market fundamenta...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.