SOYBEANS: USDA outlook for U.S. soybean supply and use projections are mostly unchanged. Ending stocks remain at 120 million bushels, down 405 million from last year’s record. The U.S. season-average soybean price is projected at $11.15 per bushel, unchanged from last month. ...
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.