SPREADS July crush improves to 90c/bu while oilshare trades to 42.99%. Inverses have come down a touch, led by corn. July/Dec corn inverse traded to a high of 1.24c, but today trades from 1.19 1/2c down to 1.12c. May/July corn trades from 51c inverse down to 47 3/4c. July/Nov bean inverse which traded to a high of 2.00c trades down to 1.73 1/4c from 1.79 1/2c. July/Dec meal trades from $22.90 inverse to $19.30. July wheat /corn trades from 25c to 30 1/2c. PALM OIL July palm closed down 2 ringgits at 4,040 ringgit/mt. Ahead of the May 10 Malaysian Palm Oil Board data release, the group is expected to forecast April production at 1.55 mmt, up 8.9% vs. the prev. outlook. April expo...
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.