SPREADS August crush trades 85c/bu while oilshare trades lower to 43.31%. Bean spreads are firmer with July/Nov trading to 1.12 1/2c from 1.05c, but corn spreads are weaker. July/Dec corn trades from 1.02 1/2c inverse down to 95 3/4c, while Sep/Dec trades from 17c to new lows of 13 1/4c. Dec/March wheat trades from 6 1/2c to 7c carry. Dec wheat/corn trades from 1.07 1/2c down to 1.02c. PALM OIL Sep. palm closed down 34 ringgits ending at 3,370 ringgit/mt. NEWS Stocks are lower, down 59 pts, with crude oil trading to $72.29/barrel highs and the US dollar trading up to 91.84. The higher US dollar is negative for trade today and commodity prices in general. Conclusion of th...
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.