SPREADS September crush trades to 1.22c/bu while oilshare trades to 46.74%. August / Nov bean inverse trade from 48c to 54 1/2c while Sep/Nov trades from 8 1/2c up to 11c. Sep/Dec corn trades from 13c to 12c inverse, while Dec/March corn trades from 7 1/2c to 8c carry. Dec wheat/corn trades from 1.05 1/2c to 1.03 1/4c. Sep /Dec wheat trades from 8 3/4c to 9 1/2c carry. PALM OIL Sep. closed down 28 ringgits ending at 3,864 ringgit/mt. With international traders anticipating large palm oil demand from India, after the gov. there lowered import taxes, palm oil prices jumped 6% higher. Malaysian Palm Oil Board data released forecast ending stocks for palm at the end of June at 1.61 mmt, the hig...
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.