SPREADS May/July beans continues to be supported by the lack of deliveries against the May. July/Nov bean spread chops around supported by recent demand and a favorable start to the growing season, as the spread narrows into 6c from 7c. May/July corn trades into 3c from 3 3/4c. May/July wheat inverse trades at 4 3/4c from 6c highs, down to 4 1/2c. July wheat/corn trades from 1.99 1/4c to 1.99 3/4c. July/Dec corn narrows into 16 1/4c from 19c lows. July crush trades at 86c/bu while oilshare dips backs under 31.0% to 30.83% on soyoil weakness. PALM OIL July down 28 ringgits. Palm was down to its lowest level in 10 months amid a higher inventory outlook. Exports look weak. Malaysian June cash...
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.