SPREADS August oilshare is firmer again trading up to 46.29%. Crush trades to 97c/bu. Bull-spreads are firmer this morning. Nov/July beans bounce to 94c from 76 1/4c inverse, while Sep/Dec meal trades into $2.90 carry from $5.30. Sep/Dec corn inverse trades from 16 1/2c to 18 3/4c, while July/Dec corn inverse trades from 78 1/4c to 85 1/2c. Dec wheat/corn trades from 1.05c down to 98c. PALM OIL August up 208 ringgits. Malaysian palm oil exports through the first half of June are seen as down 4-6% from the prior month's period, and prices are more than 20% off the May highs. NEWS Stocks are up 30 pts while crude oil trades to a new high of $71.95/barrel. The US dollar trades to...
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.