There are just 43 days left in 2020, and the grain and soy complex markets head toward year’s end with mixed messages. Based on recent price action following USDA’s November WASDE, the soy complex appears to be very bullish. The corn market is semi-bullish, but wheat futures struggle, not always successfully, to hang on to recent gains. This is an over-simplification, of course. There are quite a number of diverse threads of real and potential influences for markets to digest every trading day, and they do not always point in the same direction. As is so often the case for agricultural markets, weather is a key factor in current price action. This time weather is joined by Chinese activities, and either can drive daily price di...
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.