SPREADS October crush trades to 1.03c/bu while oilshare trades to 33 percent. Dec/March corn narrows into 12 1/2c from 13 1/4c, while Dec 19/Dec 20 carry is at 33c from 30 3/4c. Sep/Dec meal trades out to $5.50 from $5.30, while Dec/March trades to $4.80 from $5.00. Dec wheat/corn corrects a bit trading from 1.08 1/4c down to 1.01 1/4c. PALM OIL Sep closed down 4 ringgits. SGS forecast Malaysian palm oil product exports for the first half of August at 752,470 mt, up 14.3 percent vs. first half July. NEWS The Dow is up 156 pts this morning as it stays afloat over the 25,000 pt level. The US dollar is weaker at 97.82 while crude sits at $53.77/barrel. For the day, weaker energies will weigh...
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.