Soybeans and corn were about unchanged in low volume overnight trading, while wheat was up a couple of pennies. The market was waiting for the export sales report, although it was not expected to cause any excitement. The spring blizzard pummeling Nebraska, South Dakota and southern Minnesota with 10-20 inches of heavy, wet snow also seemed to dampen trade of Chicago futures. The day session provided a bit more volume and price movement. May soybean futures stopped hanging around the $9.00 mark and slumped to close at $8.9525, down 6.75 cents. Other soybean contracts fell more than 6 cents as well. Meal and soyoil also finished in the red. May corn closed down 1.75 cents at $3.60 with a session low of $3.585, edging towards its contract lo...
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.