SPREADS March crush a bit lower at 1.06c/bu, but still a good margin. Oilshare trades weaker down to 23.21%. March/May corn trades from 5 1/4c to 5 3/4c. Dec/March corn trades from 9 1/2c to 10 1/2c. March/May beans trades from 14 1/4c to 14 3/4c. March/May meal trades out to $3.00 from $2.80. March wheat/corn trades 1.44c to 1.47 1/2c. PALM OIL Up 46 ringgits for Feb, with cash offers up $15.00/mt. A poll of analysts and traders shows they expect the Malaysian Palm Oil Board to be released on Dec 10 to estimate end of Nov. palm oil stockpiles at 2.22 mmt, down 5.7% from the prior month. Nov palm oil production is estimated at 1.61 mmt, down 10.5% from Oct. NEWS The Dow is sli...
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.