THE OPEN Jan beans: 6 3/4 higher Jan meal: .90 higher Jan soyoil: 35 higher Dec corn: 1 1/2 higher Dec wheat: 2 3/4 lower Prices were mixed today with the soy complex higher and soyoil trading immediately to new ctr highs. Grains were lower but wheat found short-covering as it cycled down to a major low without follow-through selling. Unwinding of prev. buy bean/sell wheat trade was noted as well. The newest numbers for prevent plantings and failed acres as of Nov 2 by farmers: Corn: 6.184 mln acres, failed acres at 88.454 mln Beans: 1.476 mln acres, failed acres at 81.949 mln Wheat: 1.270 mln acres, failed acres at 46.159 mln All crops: 243,877 mln acr...
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.