SPREADS July crush trades to 83.30c/bu while oilshare is at 43.25%. July /Nov beans find support at 1.77c with a rally back to 1.83c. May/July bean inverse trends higher to 38 3/4c from 37 1/2c. July /Dec meal corn inverse has a current high at 1.24c, but the 1.15c level looks more like a level of support for a spread that could work higher. July wheat/corn trades from 45c down to 29 1/4c. PALM OIL July down 19 ringgits ending at 4,042 ringgit/mt. Indonesia Palm Oil Research forecast 2021 production at 55.69 mmt, up 7.1% over year ago. Better weather conditions would help production this season, according to the research dept. NEWS Stocks are down 100 pts with crude oil values rising to $65.84/...
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.