Today’s trading opened like a continuation of the day before. Wheat corn and soy all opened lower with just the livestock complex in a more bullish mood. However, by the end, most contracts ended the session in the plus column with the exception being soymeal. The mood seemed to be a continuation of profit-taking off amidst over-bought conditions. The turnaround later in the session was modest at most. Only the livestock complex and soyoil appeared to hold positive throughout most of the day. At this juncture, there are no new emerging fundamentals to provoke anything large. The weather patterns remain consistent. There is a chance for some showers in otherwise parched southern Brazil (Parana, Santa Catarina, Rio Grande do Sul), but...
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.