The much-anticipated August WASDE featured cuts to U.S. corn and soybean yields and production with smaller global ending stocks for corn, soybeans, and wheat. The report’s change from the prior month initially looked bullish, but the trade had largely expected these changes and USDA’s numbers fell well within the range of pre-report expectations. In response, the market adopted a “no news is bearish news” approach and corn, wheat, and soybeans all sold off following the report. Funds were net sellers for the day, especially in corn and wheat where larger U.S. ending stocks are pressuring the price outlook. One key to interpreting today’s futures price action in light of the WASDE is to remember that corn, soyb...
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
Like all marmots
An adult Vancouver Island marmot typically measures 65 to 70 centimetres (26 to 28 in) from the tip of its nose to the tip of its tail.