The CBOT traded a mixed day to close the week with higher wheat futures the only pronounced development. Rising cash wheat values in Russia (up $1-5/MT depending on the region) helped Paris milling wheat move €2.25/MT higher over night and that supported CBOT wheat as well. Wheat/corn bull spreading developed, and that pressured corn futures as well. The exit from old long soybeans/short corn spreads offered technical support to the corn market on Friday, however, while soybeans traded both sides of unchanged. USDA announced the sale of 252,000 MT of soybeans to “unknown” destinations today, with 6,000 MT for 2019/20 delivery and the balance (246,000 MT) for 2020/21 delivery. The agency also reported 133,000 MT of so...
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 magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
The common ostrich (Struthio camelus), or simply ostrich, is a species of flightless bird native to certain areas of Africa (and historically, Arabia) and is the largest living species of bird. The common ostrich is one of two extant species of ostriches, the only living members of the genus St...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...