GOOD MORNING, Prices continue to setback into trading ranges. Funds were sellers of 10K corn contracts yesterday as harvest rolls in and cash weakens. Corn closed on its lows yesterday and left a small PM session gap-lower trade. Funds continue long beans, looking for larger breaks to own. Soyoil futures continue to trade solidly after breaking out again to the upside in yesterday's session, and performing well despite a more bearish than expected NOPA Sep number. WEATHER In the west, conditions will be wet with some scatted to moderately heavy precip likely, and slowing harvest. Temperatures are below normal Wed, near to above normal Thurs.-Sunday. In the east the weather remai...
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.