THE OPEN July beans: 27 higher July meal: 5.40 higher July soyoil; 97 higher July corn: 20 3/4 higher July wheat: 18 1/2 higher The board opened into a strong start with many markets across the specontractum in the green, including crude oil, which is typically a barometer of direction for other commodity prices. Prices are once again in technical trade, with what appeared to be across-the-board buying interest for most stocks/commodities. A new hot and dry forecast was the catalyst for firmer trade, as the weather premium, robbed last week, was dialed back into the marketplace. At 10:00 export inspections were released as follows: beans: 192,221 mt (vs. an expected 245,000 mt) wheat:...
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.