The CBOT started this week with an apparent reversal of last week’s trends. Wheat futures were on the defensive, thanks to more shipments from Ukraine and IKAR’s assessment that the Russian wheat crop currently total 99 MMT, which is 8 MMT above USDA’s September estimate. WPI sees that figure as a little overly optimistic, but it certainly highlights the massive Russian crop that will need a home on the world market. In contrast, corn futures waivered on both sides of unchanged but posted small gains to start the week. Technical support seems to be growing in that market and WPI looks for higher trade this week. Soybeans were encouraged by fresh export sales to China and rose 12-15 cents for the day. Funds held a quiet pre...
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.