GOOD MORNING, The markets are higher after prices reached new monthly lows on a combination of pricing, short-covering, and new buying activity. Commodity selling on more hawkish Fed comments, China liquidating commodity positions, margin calls, a sudden firming US dollar, all converged to kick off selling this week leaving positive fundamentals in the dust. Traders are truly shocked by the steep sell-off, though the lack of recent export activity and a slight change in the weather pattern were all bearish items, and all presenting at once. The one thing that could be true is that given the steep break, by the time we get to the June 30 Stocks/Acreage report, large acres could be already factored in, setting...
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.