The CBOT posted a soft rebound on Tuesday with corn, KCBT wheat, and soybeans edging higher to end with small gains for the day. Funds were modest net buyers in all the major commodities except soymeal, where they were still net sellers as the July contract pushed below $400/ST. The market is entering the final stages of pre-WASDE position-evening ahead of Thursday’s Noon report and limited volatility and trading volume is expected for Wednesday. Fundamental news remains light for the major ag markets with most traders and analysts focused on Thursday’s May WASDE report from USDA. As noted in last night’s Market Commentary, the general consensus is that the agency will cut U.S. old crop corn and soybean ending stock...
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.