Soybeans The market was pretty calm last week while waiting for definition on a few points. The first was the October WASDE report, which showed fewer ending stocks in the U.S. than was expected. That drove the CBOT sharply higher with significant volatility. Additionally, meetings between U.S. and Chinese trade negotiators on Thursday and Friday attempted to sort out the trade deal. The market has been waiting for the results of this meeting for several weeks now. Of course, there was the announcement from Trump that suggested at least a tentative deal had been reached, but that was not confirmed by the Chinese. It seems there were several points to resolve before really having a deal. The Chinese are waiting for the deal to...
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.