SPREADS May crush continues to weaken trading down to 62.64c/bu while oilshare strengthens again to 37.26%. July/Nov beans trades higher from 1.66 3/4c to 1.73c, while May/July inverse strengthens to 16c from 14c. July/Dec inverse trades from $40.40 down to $38.60. Jul/Dec corn trades from 52 1/4c up to 56 1/2c while May/July trades from 13c down to 11 1/4c. July wheat /corn trades 1.2 2 1/4c to 1.25 1/4c. March/May corn trades into new inverse highs at 17c as it heads into expiration in a week or so. PALM OIL May palm closed up 37 ringgits to 3.679 ringgit/mt. NEWS Stocks were higher earlier in the morning but are now up 29 pts. Crude oil trades to lows at $59.24/barrel. CAL...
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.