SPREADS Jan crush trades to 1.05c/bu while oilshare trades to 32.38%. December open interest continues to liquidate. Dec/March corn trades out to 7c from 6 1/4c, while the Dec/Dec inverse trades from 14c down to 11 3/4c. Dec/March wheat trades from 5 3/4c out to 7c. March wheat/corn trades from 1.90 1/4c to 1.85c. Jan/March bean inverse trades out to 2c carry from 1 1/4c. PALM OIL Feb. closed up 33 ringgits higher, ending at 3,282 ringgit/mt. AmSpec Malaysia estimated palm oil exports over the Nov 1-25 period at 1.145 mmt, down from 1.412 mmt in their Oct. 1-25 estimate. NEWS Stocks are down 60 pts as the US dollar trades to 30-month lows at 91.94. Crude trades up to 6-month highs a...
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.