GOOD MORNING, As we move into the month of June, traders will continue to watch weather and demand. Prices regrouped last week after dropping to monthly lows, and the first day of June brings back higher prices and upside technical follow-through. China and the US had more trade talks last week as Beijing continues to attempt to cool off red hot commodity prices with a new plan and different rhetoric. Commodity prices are higher today as bullish fundamentals amidst tight supply keeps the upside going. The June 30 Stocks/Acreage report could put focus back on tightness once again for stocks. Funds look to be adding back on the large drop from last week. The June 10 WASDE is also around the corner,...
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.