THE OPEN Jan beans: 13 higher Dec meal: 4.00 higher Dec soyoil: 35 higher Dec corn: 4 higher Dec wheat: 8 higher The markets opened as called with profit-taking at the start of the session and into the first hour of active trade. Fund selling was into commercial pricing activity. The commercial short in beans is the largest it has been in years as prices move higher. End-users continue to be active on breaks keeping prices well bid from the start of the session. Wheat prices remained well bid over the $6.00 level but with funds all but even here prices remained in congestive trade. At 10:00 export inspections were as such: beans: 2,009,976 mt vs. 2,466,715 mt week ag...
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.