The CBOT was mixed once again with row crops mostly steady unenthusiastic trade as the market awaits the Iowa and Illinois Pro Farmer tour results. Wheat futures were higher overnight on rumors of sales to China but dipped this morning when USDA did not confirm such sales. Afternoon buying interest eventually pushed wheat 4-7 cents higher by the close. Funds were modest sellers of corn and bought a small volume of soybeans while buying some 5,000 contracts of wheat. China once again secured U.S. soybeans for 2020/21 delivery, with USDA reporting a daily “flash” export sale of 192,000 MT sold to the country. USDA surprised the market as it did not announce the sale of U.S. HRW wheat to China, trades of which had been widel...
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.