SPREADS March oilshare trades to 1.04c/bu while oilshare is into new highs at 36.60%. Spreads are slightly firmer with July/Dec corn trading from 1/2c to 1 1/2c, while March/May corn trades from 6 1/2c to 6 3/4c. March wheat/corn trades from 1.66 1/4c to 1.64c. Jan/March meal trades out to $4.70 from $4.50. March/May wheat trades from 2c to 2 3/4c. PALM OIL March palm oil up 67 ringgits. Indonesia is set up to collect $50/mt export levy on palm oil starting in January. The country implements export taxes when prices get too high domestically. India has been a large buyer of palm oil over the last few days, fueling the upside. Soyoil higher on the back of still higher palm oil pr...
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.