THE OPEN May beans: 12 higher May meal: 1.40 higher May soyoil: 65 higher May corn: 1 1/2 higher May wheat: 2 higher The markets opened as called but took separate paths after the open, with grains falling while the soy complex congested from its fresh contract highs for beans and soyoil. Wheat took the largest hit at the open, as it struggled against a higher US dollar. The report tomorrow is expected to be less bullish for wheat, which also created a down-turn as the small long may have decided to book profits. In general, the higher US dollar was a negative component in today's trade. At 10:00 export inspections were released as follows: corn: 1,544,460 mt vs. 2,046,712...
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.