SPREADS March crush trades to 1.03c/bu, slightly lower, while oilshare trades to 35.97%, just under recent highs of 36.0%. Bean spreads are firmer with Jan/March narrowing into new highs at 9c from 10 1/2c. March/May beans trade from 13c to 13 1/4c. Jan/March meal trades from $4.10 to $4.30. July/Dec corn trades from 1 3/4c to 2 1/4c carry, while March/May trades from 5 3/4c to 6 1/4c. March wheat/corn trades from 1.56 3/4c to 1.51c. PALM OIL March down 5 ringgits. Indonesia launched a biodiesel containing 30% palm-based fuel, the highest mix in the world, in order to slash its dependence on outside fuel sources and boost palm oil consumption. The change in blend is expected to...
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.