Coffee futures have been on a massive rally in 2024 with the ICE “C” contract rising above $2.60/lb last week, breaching that point for just the fifth time since 1970. The catalyst for the rally has been well reported this year, with declining stocks and weather issues in major producing countries, most notably Brazil and Vietnam. Now, many are wondering what the future holds for the market with prices near historic levels and global weather patterns seeming to shift more favorably. WPI provides a brief review of the factors that brought markets to this point as well as the trends likely to dominate markets going forward. We also issue an outlook for prices over the next season and our opinion on why the rally is likely ending.&...
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.
The Alaska marmot (Marmota broweri), also known as the Brooks Range marmot[3] or the Brower's marmot,[4] is a species of rodent in the family Sciuridae. Once considered to be the same species as the hoary marmot, it is now known to be unique. Alaska marmots are found in the scree slopes of the...