SPREADS August crush trades to 1.13c/bu while oilshare trades to 46.54%. Jul/Nov bean inverse sits at 46 1/4c to 49 3/4c, while August/Nov firms to 28 1/4c from 27 1/4c. Sep/Dec meal trades into $1.80 carry from $2.40. Jul/Dec corn inverts to ctr highf of 1.50c from 1.41c, while Sep/Dec trades from 13 1/4c down to 10 3/4c. Dec/March wheat trades from 7c to 7 1/2c carry. Dec wheat/corn trades from 1.08 3/4c to 1.11 1/2c. PALM OIL Sep. up 44 ringgits to close at 3,597. India's gov. moved to lower crude oil import tax to 10% from 15% for the next 3 months. Intertek forecast exports for June at 1.519 mmt, up 7.1% from their 1.418 mmt est. at the end of May. NEWS The stock market is lowe...
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.