The futures market has seemingly given U.S. farmers and commodity producers (e.g., soy crushers) a gift with another day of pre-holiday rallies. The CBOT surged higher in early trade on Tuesday, with soybean futures extending their technical rally above $13.00 and corn futures breaking technical resistance at $6.00 in the overnight trade. Wheat also joined in on the grain market rally with a rally in cash HRW markets offering ample support for futures. Funds were net buyers for the day, but partial profit taking was noted heading into the three-day weekend. Farmer selling was light on the rally but WPI notes resting sell orders were triggered in corn and soybeans when the markets pushed above key technical levels. USDA’s Cold S...
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...