SPREADS Sep. crush trades to 74.85c while oilshare trade back under 34.0% to 33.81% this Am. Corn spreads weaken a bit. THere is a negative seasonal for the Sep/Dec corn spread, with producer movement seeing the spread move out to 8 3/4c from 7 1/2c. Sep/Dec wheat trades from 5 1/4c to 5 1/2c. Nearby bean spreads weaken a bit but only after posting new highs with Aug/Nov at 6 1/4c from 5 3/4c inverse. SEp/Nov trades from 3/4c inverse to 1/4c. Sep. wheat/corn trades from 2.05c to 2.07 3/4c, with a recent high closer to 2.23c. PALM OIL October palm up 69 ringgits. Malaysian palm oil rose to a five-month high due to an expectation for a drop in production due to heavy rains and better ex...
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.