SPREADS May crush falls to 63.46c/bu while oilshare falls to 33.58%. Inverses are weaker with May/July corn trading to 10 1/4c from 11 1/2c, and July/Dec down to 81c from 85c. May/July wheat inverse trades from 15 3/4c to 13 3/4c. March wheat/corn trades from 1.03 3/4c down to 95c. July/Nov beans trade from 1.85c down to 1.79 1/4c, while March/May trades from 4c to 3 1/4c. PALM OIL April down 162 ringgits to 3,229 ringgit/mt. Traders report that the sharp fall was on news that India would hike an import duty. NEWS Stocks are down 22 pts in quiet trade with crude oil trading to new highs at $55.36/barrel, while the US dollar trades up to 91.30. ADP reported the December total job los...
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.