THE OPEN Jan beans: 8 3/4 higher Dec meal: 4.80 higher Dec soyoil: 40 higher Dec corn: 3/4 higher Dec wheat: 1/4 lower The markets opened as called with prices staying mostly afloat entering tomorrow's USDA report. The macro markets continued to exert a positive input for money flows, with a risk-on trade for energies helping to underpin energies and Ags. At 10:00 export inspections were released as follows: Beans: 2,469,308 mt vs. 2,389,742 week ago (vs. an expected 2.1 mmt) corn: 670,079 mt vs. 740,612 week ago (vs. an expected 875,000 mt) Wheat: 304,239 mt 313,331 mt week ago (vs. an expected 375,000 mt) Export inspections were poor for wheat, which weighed on that ma...
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.