THE OPEN November beans: 9 higher December meal; 3.60 higher December soyoil: 39 higher December corn: 5 higher September wheat: 8 1/2 higher The markets opened into higher prices as called at the strongest end of expectations, triggering buy-stops. Corn closed its gap left open from the morning as traders are still estimating the amount of damage from the wind event in Iowa. While the wind event impacted corn crops the most, the lack of rainfall will directly impact beans. President Trump said today he would sign an emergency declaration for Iowa to help supply federal money to help the state recover from the wind storm. Iowa Gov. Kim Reynolds filed an expedited presidential...
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.