World Perspectives
feed-grains soy-oilseeds wheat

Technical Views - Some Stability

SPREADS Dec crush trades firm at 1.12c/bu with oilshare at 45.58%.  Bean spreads continue to weaken, with Nov 21/Nov 22 trading at an 8 1/2 month low from 68 1/4c inverse to 53 1/2c.  Sep/Nov bean inverse trades from 2c to 1 1/2c.  Nov/March bean spread trades out to 9 1/4c from 8c.  Sep/Dec meal narrows into .90 from $1.20 carry.  Sep/Dec corn firms to 2 3/4c inverse from 2 1/4c.  Sep/Dec wheat trades out to 14c carry.  Dec wheat/corn trades 1.99 3/4c to 1.97 1/2. NEWS Stocks are up 60 pts. with crude oil up to $66.75/barrel.   CALLS Calls are as follows: beans: 13-15 higher meal:  1.20-1.40 higher soyoil: 80-90 higher corn: 2-3 higher wheat: 2-3 lower TECHNICALS November Beans:...

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feed-grains soy-oilseeds wheat

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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.

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