SPREADS July crush trades top 96.08c/bu while oilshare trades to 31.09%. Corn spreads are weaker with July/Dec trading out to 15c from 13 1/2c. July/Nov beans widens out to 10 3/4c carry from 8 1/4c. July wheat/corn trades from 2.25 to 2.21c. July/Dec meal trades from $3.60 out to $4.70. May/July meal trades out to $5.50 from $4.60. PALM OIL Palm down 0.13% after climbing as much as 1.7%. Malaysian palm oil exports for April 1-20 increased between 4.5% and 7.4%, according to two cargo surveyor's data released. However, demand has been muted by he the Covid-19 pandemic. Malaysian press reported that the state of Sabah has temporarily halted operations on a palm oil plantation, (where 25% of...
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.