GOOD MORNING, Prices are higher across the board today with more positive vibes as regards trade negotiations. Funds are short and markets remain in the upper end of trading ranges as we near the end of the month. China's Commerce Ministry acknowledged that they are in continuing discussions about upcoming Oct. trades talks with the US, and an analyst at Shanghai JC Intelligence reported in an interview to Reuters that around 6.0 mmt of beans would be purchased by China before those talks resumed. A Ministry of Commerce spokesman, Gao Feng, reported that Chinese buyers "have completed deals to buy soybeans and pork of considerable scale." Spread trade continues, with corn and wheat switching back and forth o...
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.