SPREADS July crush trades down to 91.78c/bu while oilshare falls to 30.69%. Spreads are weaker with July/Dec trading out to 17c from 14 1/2c, and values that were at 15c yesterday. May/July corn trades out to 8 1/4c. July/Nov beans trades from 10c to 12 3/4c, while July/Dec meal trades from $5.10 to $6.30. July wheat/corn trades from 2.20 1/2c up to 2.30 1/2c. PALM OIL Down 166 ringgits, in a free-fall trading to a 9-month low, down 7%, following the plunge in crude oil prices. Weaker crude oil futures make palm a less attractive option for biodiesel. Rising supplies in Malaysia and Indonesia continues as palm could miss out on demand due to lock-downs with the holy month of Ramadan on the...
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.