Note: There will be no Technical Perspectives reports on Friday, 22 May. GOOD MORNING, Prices continue to drive into trading range territory as the markets ponder all positives and negatives. For wheat, the down-move was set technically after the May WASDE report showed ample global supplies. Narrow that down, and some of those supplies are being reduced as drought crosses Europe and the Black Sea. French and German wheat crops are getting smaller. Russia's SovEcon lowered production last week, and condition ratings continue to deteriorate. The rally off the wheat lows was also likely due to uncovered buyers who decided to get something covered up. The Kansas City wheat tour, which lasts 3 days,...
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.