GOOD MORNING, Trading ranges for heading into the December 10 WASDE report at 11:00 central time. Prices bounce as traders are expecting the trend of smaller carry-outs and smaller stocks to continue, but those small rallies now seem to be met with selling interest. New shorts are now entering at current tops. US farmers are said to have been good sellers of beans, while perhaps being around 60-65% sold in corn, returning as better sellers after the first of the year. December offers up choppy trading as a theme and does not disappoint. As to the report on Thursday, there are expectations that carry-out numbers could tighten further. Some expected trade ideas are that corn carryout may fall to 1.5...
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.