SPREADS October crush is lower trading back to 1.00c/bu while oilshare firms to 32.43 percent, bouncing off the 32 percent level. Sep/Dec corn trades from 10 1/2c to 12c while Dec/March trades from 11 3/4c to 12 1/4c. Dec 19/Dec 20 corn trades from 31 1/2c to 34 1/4c, but still close to lows of 37c. Dec wheat/corn trades from 1.00c to 90c, closing at 93c. Nov/Jan bean spread trades from 13c to 13 1/4c while Dec/March meal trades from $4.00 to $4.10 carry. PALM OIL Oct. up 13 ringgits. July Indonesian palm oil production is expected by analysts to be around 4.430 mmt with exports at 2.690 mmt. End of July palm oil ending stocks expected at 3.14 mmt. Sime Darby Plantation said it...
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.