SPREADS Sep. crush trades to 74.39c/bu while oilshare is slightly firmer at 34.18%. Nearby bean spreads strengthen with August /Nov trading to new highs of 5 1/2c from 3 1/2c, with Sep/Nov trading from 1/2c to 1 1/2c carry. Sep/Dec meal trades from $4.80 out to $5.00. Sep/Dec corn is a tight 7 1/4c to 7 1/2c trade. Sep /Dec wheat trades from 4 3/4c to 5 1/2c. Sep wheat/corn trades from 2.07 3/4 down to 2.05c. PALM OIL October up 52 ringgits ending at 2,708 ringgits. Cash offers for August for RBD palm oil and olein were up $10/mt at $692.50/mt and $695.00/mt, respectively. NEWS Stocks were higher but now trades both sides of unchanged as initial claims for unemployment benefit...
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.