SPREADS Board crush trends weaker while oilshare values are mostly steady. Dec crush is trading at 1.03c/bu while oilshare trades at 46.20%. Sep/Dec corn fell to new lows at a 16c carry with cash markets under pressure as many buyers attempt to transition to "new crop" bids. Dec/March corn trades out to 9 1/4c. Dec/March wheat trades from 10 1/2c to 11 3/4c. There is more bull-spreading for Nov 21/Nov 22 which traded from a 38c inverse down to 30 3/4c. Nov/Jan bean spread trades from 9c to 9 1/4c. Dec/March meal trades from $5.30 to $5.70. PALM OIL Nov. up 61 ringgits at 4,392 ringgit/mt. Palm oil is trading at a deep discount to soyoil futures for the mo...
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.