THE OPEN March beans: 2 lower March meal: .90 higher March soyoil: 39 lower March corn: 5 14 lower March wheat: 4 3/4 lower The markets opened on the defensive with oilshare continuing to trade lower and beans on the defensive. Fund selling emerged quickly for beans, with more profit-taking in wheat on its corrective pullback. Buy corn/sell bean trade continued, as prices in corn continued to hold on breaks. The coronavirus continues to keep markets on edge, particularly equities. Chinese media noted that 902 cases have been confirmed, and 26 deaths are attributed to the virus. The virus has been found in 29 out of 31 provinces. In other announcements, Rabobank...
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.