GOOD MORNING, Prices are mostly higher this morning with corn returning as the weaker leg. Wheat is seeing a bounce courtesy of a weaker US dollar and a slight downgrade in winter wheat due to dryness in the Plains, as well as continuing dryness in parts of Europe. Corn is lower on continuing weak demand from the ethanol sector, as we hear from the EIA today. Corn futures on the Dalian exchange fell to the lowest level in nearly two months amid speculation of additional import quotas as the market awaits news on sales from state reserves. Beans are higher on rumors of Chinese business and inter-market spread activity. Soyoil futures are firmer today, but good commercial pricing activity for meal as...
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.