Friday’s CBOT trade was driven by a combination of end-of-month profit taking, volatile macro-markets, slow export demand, and news of new African Swine Fever (ASF) outbreaks in China. The latter item sparked a 5 percent decline in Dalian soymeal futures, the market’s steepest decline in eight years. In turn, that pressured CBOT soymeal and soybeans and sparked a broader selloff in ag commodities. Corn, soybeans, wheat, cattle, and hog futures all posted losses for the day. Funds are thought to have sold 14,000 contracts of soybeans, and 10,000 contracts of corn along with 8,500 contracts of wheat. Funds are thought to have also been modest net sellers in soymeal and soyoil. This week’s CFTC data shows that, through...
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...
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.