THE OPEN May beans: 13 higher May meal: 1.40 higher May soyoil: 87 higher May corn: 4.00 higher May wheat: 9 higher The markets opened higher as called with soyoil continuing its upward trajectory taking beans along for the ride. Higher oilshare values continued as traders bot soyoil/sold meal, while beans seemed to split the middle. By midday a strong crush report and solid chart technicals kept prices slanted to the upside with the soyoil market strong and setting the tone for gains across the board. Cold temperature extremes helped grains to gain, led by KC wheat. At 10:00 export inspections were released as follows: beans: 809,574 mt vs. 1,904,499 mt week ago (vs. an expected...
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.