SPREADS Dec. crush trades to 1.23c/bu while oilshare trades below 31.0% to new lows of 30.89%. Spreads remain strong with Dec/Dec trading to a 12c inverse from 8 1/4c, while Dec/March trades into a new high at 3c to 4c. Dec/March wheat inverse to 1 1/4c inverse from carry. Dec wheat/corn trades from 2.16c down to 2.11 3/4c. Nov/Jan trades either side of even, closing at a slight carry. November liquidation continues as prices head into mid-Oct. Jan/March inverse trades from 16 3/4c high this AM to 13 1/2c. Dec/March wheat trades from $15.90 inverse down to $14.00. PALM OIL Dec. closed up 3 ringgits. Palm oil imports by India slumped by 27% on YOY terms to 643,994 mt, according 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.