SPREADS Dec crush trades to 78c/bu while oilshare is lower correcting down to 32.87%. Bean spreads are wider with Jan/March trading out to one-month lows at 13c. Nov/Jan spread narrows into 13 1/2c from 13 3/4c. Corn spreads are weaker with Dec/March trading out to 12c from 11 3/4c. Dec/March wheat narrows into 4 1/4c from 5c. Dec wheat/corn trades up to 1.41 3/4c from 1.37 3/4c. PALM OIL Jan down 1 ringgit, cash offers up $7.50/mt. SGS forecast Malaysian palm oil exports for Oct. 1-20 at 903,645 mt, which is down 4.4% from their estimate of 945,241 mt for the Sep 1-20 period. NEWS Equities are 40 pts higher despite the Brexit vote this weekend. The U.S. dollar is firmer, trading up to 97.40 while cr...
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.