GOOD MORNING, The markets remain thin as countries are out for holiday. Argentina is closed today and China is out for a week-long holiday. Prices are lower today as Trump threatens to retaliate in some form against China for the virus. Bean prices popped yesterday as China purchased of 5-8 cargoes of beans out of the Gulf for Aug/Sep, while inquiring for more off the PNW. While the buying served to goose prices higher, buying must remain consistent to bring complete price stability to bean prices and hit USDA target export goals of 1,775 mln bu. This morning's market features a market pullback off the high trade yesterday, which was at the top of current trading ranges. Products slide back...
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.