SPREADS Sep. crush trades to 91.62c/bu while oilshare trades at 25.32%. The nearby corn spread Sep/Dec widens out to 12 1/2c from 12 1/4c, and values that were 10 3/4c at the start of the week. Dec/Dec corn trades from 39c to 39 1/4c. Sep/Dec wheat trades from 6 3/4c out to 7 3/4c. The Sep/Nov bean spread trades from 3c out to 3 3/4c carry. PALM OIL October down 4 ringgits. Closed lower but up 3% on the week supported by forecasts for lower end of July inventories. NEWS Stocks turned mixed as the unemployment rate fell to 10.2%, so far recovering less than half of the jobs lost due to the pandemic. Crude oil trades to $41.35/barrel, while the US dollar firms to 93.26. Big money her...
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.