SPREADS Corn spreads are a big firmer with July/Dec at 2 1/4c from 3 3/4c. July/Nov beans narrows into 8 1/2c from 9c. March wheat/corn trades from 1 3/4c to 1 1/4c inverse. May crush firms to 1.04c/bu while oilshare falls to 34.13% as traders buy meal/sell soyoil futures. PALM OIL April palm closes 286 ringgits lower, down as much as 10%, the most in over a decade, on mounting concerns over the coronavirus in China that could impact demand, and the continuing feud with India, the largest importer of palm oil. Shipments to India could hit a 9-year low in Jan. NEWS Equities remain firm today with the Dow 140 pts higher. Crude trades up to $53.61/barrel, with the US dollar stronger at 98.10...
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.