SPREADS October crush trades to 1.02c with oilshare steady at 46.30%. Sep/Dec corn widens out to 5 1/4c from 4 3/4c as traders continue to liquidate or roll Sep. Dec/March corn trades from 7 1/4c carry to 7 3/4c. Sep/Dec wheat trades out to 13 1/2c / 14 1/4c carry. The Dec wheat/corn spread trades down to 1.84 1/2c after trading as high as 2.06c, currently at 1.86 3/4. Sep/Nov beans trade from 7 3/4c inverse to 7 1/4c. Sep/Dec meal carry widens out to $3.10 from $2.90. PALM OIL Oct. down 105 ringgits at 4,303 ringgit/mt. NEWS Stocks started the night session lower but traded both sides by midday. Crude trades up to $66.73/barrel, and the US dollar down to 93.05...
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.