The CBOT firmed to start the week with new crop futures strengthening on a cooler, wetter planting outlook for the U.S. summer crops. Funds were again on the long side of the market after last week’s late-week gains and supported values on Monday. Concerns about planting delays pushed corn and, to a lesser extent, soybeans higher while more worries about the Black Sea export deal sent wheat sharply higher. The U.S. weather outlook took a turn for the poorer over the weekend and the 2-5-day outlook features wetter than normal conditions for the Northern Plains and western/central Corn Belt with above aveage temperatures. The 6-10-day outlook, however, features widespread cool temperatures west of the Rockies with most of the Mid...
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.