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Market Commentary

Markets opened Sunday evening with wheat 3-4 cents higher, corn up a penny and soybeans a penny lower. Overnight volume was much better than last week. Markets then opened this morning with wheat up 5-6 cents, corn slightly lower and soybeans down 6-7 cents. Soybean futures, however, ran into heavier-than-expected selling shortly afterward and eventually traded down more than 20 cents before closing with losses near that amount. Corn traded 2-3 cents lower and finished that way. Wheat, meanwhile, held its independence and traded higher the entire session. Presidents Trump and Xi are scheduled to have dinner Saturday evening in Argentina after the conclusion of the G-20 meeting. U.S. financial markets seemed cautiously optimistic that there...

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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.

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