THE OPEN March beans: 17 lower March meal: 8.10 lower March soyoil: 48 lower March corn: 14 lower March wheat: 12 1/2 lower The markets opened lower as called but prices continued to sell-off dramatically upon digesting the USDA numbers. Fund positioning and liquidation of March contracts resulted in negative trade across the board. As a result of fund liquidation, would call this a day of exchange of ownership as sales take prices into commercial pricing activity. Not helping corn's cause was the cancellation of business announced this AM. In politics, Argentina's CRA rural group said their members would protest if the Argentine gov. attempted to increase export taxes in or...
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.