THE OPEN May beans: 2 1/2 higher May meal: 1.20 higher May soyoil: 5 higher May corn: 5 higher May wheat: 5 1/2 higher Prices opened as expected with the start involving a rally followed by choppier trade from the soy complex. Buy grains/sell the soy complex trade emerged as a major trend after the open. Leaking spreads and end-of-month profit-taking led prices lower. March liquidation ahead of first notice day on Feb. 26 continues to provide market pressure. At 10:00, export inspections were released as follows: corn: 1,231,810 mt vs. 1,314,960 mt week ago (vs. an expected 950,000 tmt) wheat: 324.597 mt vs. 418,816 mt week ago (vs. an expected 425,00 mt) beans: 721...
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.