SPREADS August crush trades to 92c/bu while oilshare trades to 43.03%. July/Nov bean inverse trades from 83 3/4c to 93 3/4c. Sep/Dec meal trades from $2.70 carry out to $4.00. July/Dec corn inverse trades from 88 3/4c up to 95 3/4c, while Sep/Dec corn inverse trades from 13 1/4c down to 11c. Dec/March wheat trades from 5 1/4c carry out to 6 1/4c. Dec wheat/corn trades from 1.18c down to 1.08c. PALM OIL Indonesia's Finance Minister stated the gov. would change its palm oil export levy program, lowering the highest rate to $175/mt, down from $255/mt, currently. The levy will likely increase by $20/mt for crude palm and $16/mt for products for every $50 increase in price, but with a ceiling of...
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.