SPREADS March crush trades to 98c/bu while oilshare is at 36.52%. July/Dec corn trades from 2c to 2 1/2c, while March/May narrows into 6 3/4c from 7c. July/Nov beans trades from 1 1/2c to 3 1/2c, settling in the middle this morning at 2 1/4c. March/May wheat trades from 3c to 3 1/2c. March wheat/corn trades from 1.71 1/4c down to 1.69 1/2c. PALM OIL March closed 72 ringgits higher. Ahead of Malaysian Palm Oil Board data to be released on Jan 10, analysts are expecting Dec. production at 1.34 mmt, down 13% from Nov. Dec ending stocks are estimated at 2.06 mmt, down 8.5% from Nov, and at their lowest level since 2017. Exports of palm oil for Dec. are forecast around 1.3 mmt, which would be 5...
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.