SPREADS July crush margins jump to 1.17c/bu while oilshare trades under 29% to new lows at 28.91%. July/Nov beans firm to a 10 1/4c inverse from 3c, and from levels that were out to a 14 1/2c carry. Jul/Dec meal inverts to $11.80 from $8.70. July/Dec corn weakened out to 15c from 13 3/4c. May/July inverts to 6c from 1 3/4c. May wheat/corn trades up to 2.13 3/4c from 1.99 3/4c. PALM OIL June palm oil down 5 ringgits. SGS stated their palm exports for March will be delayed due to the gov. ordering the shut-down of most businesses due to coronavirus. NEWS Stocks swing from sharp losses overnight to higher values this morning, up 340 pts. Crude oil pops off its low of $20.80 to tr...
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.