SPREADS August crush atrades to 79.80c/bu while oilshare trades to 43.60%. July/Nov bean inverse firms from its lows of 1.63 1/4c to trades up to 1.72 1/2c. Key resistance for July/NOv is 2.00c. July/Dec meal trades down to $4.80 inverse from $7.90. July/Dec corn trades to a high of 1.18 1/4c from 1.11 1/2c, with a solid close. Sep/Dec corn inverse trades up to 28c from 25 1/4c. July wheat/corn trades from 7 1/2c from 18 1/4c. PALM OIL July ends 104 ringgits lower at 3,887 ringgit/mt. Palm oil fell following a weaker CBOT price, and weaker demand due to covid 19 lockdowns in India. NEWS Stocks are 130 pts higher with the US dollar trading down to 89.86, and crude oil up to $64...
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.