The bleeding didn’t stop, but it slowed down today. Although corn and soybeans were up in the overnight and opened that way this morning, it didn’t last. It has been a very bearish week, though the declines were much shallower today than in previous days. While soybeans and wheat were taking double digit hits earlier this week, today it was a few pennies of decline and corn was down just a fraction. The combination of good weather and big crops is difficult to shake from the psyche. The upcoming reports out of USDA could shift the view, but not if today’s Hogs & Pigs report is any guide as it showed more animals than expected. Reports The morning started with USDA releasing its tally Export Sales last week...
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.