Wheat, the soy complex and now corn are all re-emphasizing the lesson to both speculative and commercial traders that excessive reliance upon automated indicators can result in substantial returns being left on the table. General Comments Corn, wheat and the soy complex all closed higher today. Both wheat and the soy complex closed strong enough to place most traders holding short positions on margin call. The March corn contract is pressing up against the upper end of its recent trading range and will likely punch through resistance at the 12 November level of $4.50 per bushel. This price action makes sense. World Perspectives noted back on 7 February that this seemed destined to occur if USDA's February report indicated U.S. corn ending...
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.