SPREADS Dec crush trades to 93.70c/bu while oilshare trades to 45.51%. Spreads are firmer with Dec/March corn trading from 7 1/2c to 7 3/4c, while Dec 21/22 inverse trades from 21 3/4c to 20 3/4c. Dec/March wheat carry is slightly wider trading from 11c to 11 1/4c. Dec wheat/corn trades from 2.02 1/2c to 1.99c. Nov/Jan bean carry trades from 9 1/2c to 9 3/4c, while NOv 21/22 trades from 32c inverse to 28 1/2c. Dec/March meal trades from $5.00 to $5.20 carry. PALM OIL Dec. down 46 ringgits to 4,395 ringgit/mt. James Fry, a veteran analyst and chairman of LMC International, said that global vegoil prices may ease in the next 6-12 months as production recovers. NEWS Stocks were up 150 pts but this am ar...
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.