THE OPEN Nov beans: 2 1/2 higher Dec meal: .50 higher Dec soyoil: 9 higher Dec corn: 3/4 lower Dec wheat: 2 3/4 higher Trade opened as called into the October USDA report, with more light positioning in front of the numbers on both sides of trade. Prices moved lower from the open for corn, while oilshare had an upside correction. Buy beans/sell corn trade was a key feature before the 11:00 report, which turned out to be a bit of foreshadowing of things to come post October USDA data. Poor export sales vs. good demand for beans lifted prices in that market, as did the fact that the storm moving through the Plains/Nebraska/Iowa may impact beans at this point more than corn. Buy...
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.