SPREADS Crush is firmer this morning with July trading up to 94c/bu, and oilshare correcting down to 31.23%. July/Nov beans trades out to 10 1/4c from 8 1/2c. Jly/Dec meal trades into $3.10 from $5.30 as traders take profits on recent weakness. July/Dec corn widens out to a 15 1/4c carry from 14c. July wheat/corn trades from 2.13 3/4c down to 2.10 1/4c. PALM OIL Malaysian cash offers for May delivered RBD palm and olein traded up $5.00/mt higher ending at $572.50/mt and $575.00/mt, respectively. Quiet as India extends its lock-down to the first week of May, which is set to further hit global demand for veg oil. Further pressure on oil was noted as Brent crude fell 6% Tues, while WTI futures...
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.