SPREADS December crush traded to 1.14c/bu while oilshare trades to 45.85%. Spreads were slightly firmer with Dec/March corn trading from 8c to 8 1/4c carry, while Sep/Dec trades from 1 3/4c from 4 3/4c. Sep/Dec wheat trades out to 17 1/4c carry from 14 1/2c. Dec wheat/corn trades from 1.80 3/4c to 1.76c. Sep/Nov beans trade from 4-5c inverse, while Nov/Jan trades from 6 1/4c to 7c. Sep/Dec meal trades from $0.40 to $0.50. PALM OIL Nov palm oil closed for holiday. Intertek estimated palm oil exports for August at 1.213 mmt, down 15.8% from the prev. month's 1.440 mmt exports. NEWS Stocks are slightly higher up 15 pts. Crude oil prices traded to $68.29/barrel with the US d...
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.