The CBOT opened and traded higher once again on Wednesday, with December corn, January soybeans, and December soyoil all posting fresh contract highs. For soyoil, the technical victory was even greater as the market posted its highest close since 2014. Funds remain net buyers and the fact that the latest CFTC data showed them holding a smaller-than-expected long position is fueling additional buying. The soy complex is locked in a bull market trying to ration demand, while corn is supported by solid demand and wheat is along for the ride. So far, none of the major CBOT markets has shown signs of forming a top or reversal. WPI cautions that the soy complex is overbought presently, which may spark some profit taking soon. Fridays tend...
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
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.