As expected on the day before major USDA reports, overnight trading volume in grain and soy futures was subdued. In price action, soybeans were 2-3 cents higher, wheat was 6-7 cents lower, and corn was near unchanged. This same price pattern was maintained through the first half of the day session. Then about mid-session, strong rumors that Sinograin and COFCO were buying U.S. soybeans began to circulate. Details are not firm, but cash traders estimate that the total to be at least 2.0 MMT, possibly up to 2.5 MMT, with shipment for July-October. These purchases would be against the last 10 MMT promised by Vice-Premier Liu a few weeks ago and add to the approximate 2 MMT bought previously. There are also reports that the two state-owned comp...
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Robinson's mouse opossum (Marmosa robinsoni) is a species of opossum in the family Didelphidae.[2] It is found in Belize, Colombia, Ecuador, Grenada, Honduras, Panama, Peru, Trinidad and Tobago, and Venezuela.[1] Robinson's mouse opossums move along tree branches and vines with the help of a 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.