SPREADS Sep. crush trades to 75.93c/bu while oilshare trades down to 32.36%. August/Nov beans trades from 6 1/4c to 8c carry. Sep/Dec meal trades from $5.70 to $6.60. Sep/Dec corn trades from 9 1/2c to 10c, while Sep/Dec wheat trades from 7 1/2c to 7 3/4c. PALM OIL Sep. up 34 ringgits. Palm oil inventories dropped to the smallest in 3 months in June as exports from the world's number 2 grower surged the most in nearly 2 years. Stockpiles fell an estimated 6% in May to 1.91 mmt, the second monthly decline according to a Bloomberg survey. NEWS The stock market is over 300 pts higher this morning, with crude oil at $40.08/barrels and the US dollar weaker at 96.67. CALLS Calls t...
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.