SPREADS Dec crush trades close to contract lows at 74c/bu while oilshare is a steady 32.55%. Corn spreads are weaker today as harvest resumes, with Dec/March trading out to 10 1/4c from 9 1/2c. Dec 19/Dec 20 corn trades back out to 13 1/2c from 10 1/2. Nov/Jan beans weaken out to 14 1/2c from 14 1/4c, while Jan/March trades from 10c to 10 1/2. Dec /March wheat trades from 4 1/2c to 6 1/2c. PALM OIL Dec up 9 ringgits with cash offers unchanged at $527.50/mt. SGS estimated palm oil exports for FH Oct. at 659,437 mt, off 5.9% from their Sep 1-15 estimates. NEWS The Dow is up 75 pts. with crude oil values trading down to $52.39/barrel, and the US dollar higher at 98.58. CALLS Calls today are as f...
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.