SPREADS Sep. crush trades to 81.84c/bu while oilshare trades to 34.15%. Sep/Dec corn widens out to new lows at 11c from 10 1/2c. August/Nov beans trades down to 6c inverse from recent highs at 11c. Sep/Nov beans trades to a 1 1/2c carry from 3/4c. The Sep wheat/corn spread trades from 2.15 1/2c down to 2.09 3/4c. Sep/Dec meal trades from $5.40 to $5.80. PALM OIL Oct. up 33 ringgits. Indonesia's ambitious biodiesel plans come back on track which is net positive for palm. NEWS Stocks are down 300 pts as the economy continues to struggle in lieu of Covid cases. Crude oil slides back to $40.16/barrel while the US dollar weakens to 93.27. CALLS Calls today are a...
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.