The larger than usual volume across many contracts puts the exclamation point on today’s market action. USDA’s Prospective Plantings and Quarterly Stocks reports provided a lot of the impetus for a raucous day on everyone’s computer screens. Corn was bullish, soybeans were bearish, and wheat was confused as it looked for psychoanalysis. As noted yesterday, the 31 March Prospective Plantings report is not the bible. Last year corn planted acres increased by 2.3 million (2.5 percent) above Planting Intentions, and corn is one of the more reliable outputs of the USDA survey. The cost of fertilizer (+130 percent) was the number one cited reason for why corn acres will be less than soybean acres for only the third...
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...