THE OPEN July beans: 1 lower July meal: 1.60 lower July soyoil: 5 lower July corn: 1/4 higher July wheat: 6 1/4 lower The feature of the board on the open was that of falling meal prices into fresh contract lows as crush margins continue to leak lower. Oilshare firmed as meal prices trade to new contract lows and soyoil traded higher. Beans and meal trade lower off the closing of meat plants, with some fearful of larger problems to come. Corn was steady against a weaker wheat market, as traders unwound recent buy wheat and beans/sell corn spreads. Prices continued to lean lower as weather over the next week appears ready to improve for further planting progress. Today i...
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.