GOOD MORNING, Prices are lower again on technical considerations as beans trend lower following a still weaker soyoil market. Funds were sellers of 16k bean contracts yesterday and 22,000 soyoil, while purchasing 5,000 meal. Rumors and stories are now trending bearish, with the most recent being that China is pushing trading firms to get out of length in commodity markets to curb inflation. Truth or not, it's tough to tell. This morning's headlines include reports that China will issue new rules on the management of price indexes for commodities and services, as they continue to attempt to battle inflation. The measure will take place Aug 1, and will standardize how price indexes are compiled and improve transparenc...
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.