THE OPEN November beans: 1 higher December meal: 1.50 lower December soyoil: 25 higher December corn: 3 1/2 lower September wheat: 6 3/4 lower Prices opened on a mixed note with profit-taking with weakness in grains taking center stage. Funds came out selling corn at the outset, with wheat prices sharply lower triggering sell-stops in the market. At 10:00 export inspections are as follows: beans: 452,811 mt vs. 483,331 mt week ago (vs. an expected 500,000 mt) corn: 1,149,353 mt vs. 917,968 mt week ago (vs. an expected 900,000 mt) wheat: 500,607 mt vs. 659,727 mt week ago (vs. an expected 575,000 mt) Inspections for corn was over the higher end of expectations, bringing l...
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.