The CBOT was almost uniformly lower on Wednesday with traders booking any long profits and likely adding some short spec positions as momentum wanes from the markets. The down day was a little surprising after USDA reported another 12.1 Mbu of soybeans sold to China for 2025/26, but that news had already been picked up by the rumor mill yesterday and priced into futures. Wednesday saw relatively few fresh fundamental updates, which also helped futures drift lower. The soy complex saw the biggest losses as traders are turning neutral/bearish soybeans and soymeal in the near term while soyoil posted a big technical reversal. The second day of weakness in soybeans and soymeal has many wondering if the markets are now reverting to values more c...
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.