SPREADS Dec/March corn spread trades firm into 11c from 11 1/4c, while Dec 19/Dec 20 trades from 30 1/4c to 31 1/2c. Nov/Jan bean spread trades from 13 1/4c to 13 1/2c, and Jan/March trades from 11c to 11 1/4c. Dec wheat/corn trades from 1.08c to 1.07 1/4c. Dec/March wheat trades from 6 1/2c to 7c. Dec oilshare falls to 32.69% after breaking 33%, while crush trades to 86c/bu. PALM OIL Malaysian Oct cash offers of RBD palm oil fell another $5.00/mt lower, impacting soyoil futures which are lower again this morning. NEWS Equities are 48 pts higher with US retail sales up 5.2% for the week ending Sep 21. Crude remains in the red trading down to $57.87/barrel while the US dollar t...
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.