SPREADS May crush trades to 67c/bu while oilshare trades to 34.62%. Corn spreads continue to weaken post Feb. report with July/Dec trading down to 79 1/4c from highs over 93c. May/July corn remains fairly firm trading down to 14c from 14 3/4c contract highs. July/Nov bean trades down to 1.85 3/4c inverse from 1.91c. March/May beans inverse trades from 3 1/4c to 2 1/2c. May wheat/corn trades from 98c to 1.00 1/2c. PALM OIL April palm oil up 54 ringgits at 3,636 due a jump in Feb. 1-10 exports vs. a month ago. The Malaysian Palm Oil Board forecast Jan. ending stocks at 1.324 mmt, which is higher than expected at 1.287 mmt, and up from 1.265 mmt mo ago. Jan 2021 production was 1.126 mmt vs. 1...
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.