The CBOT continues to settle into trading ranges ahead of the March Prospective Plantings and Grain Stocks reports, which will determine much of the trading direction for both old-crop and new-crop futures. A second day of Chinese corn purchases pushed corn futures higher while the soy complex continues to weaken on profit taking in soyoil and a weaker technical outlook. Notably, however, end-users continue to buy breaks below $400 in soymeal, which is pushing that market towards a sideways trading range. Funds were net buyers in corn today while being modest net sellers in the soy complex. Wheat futures continue to grind lower, but the KC market is approaching key support points where buying interest is picking up. WPI favors a bull...
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...