Soybean and soymeal futures finished the week strong despite last week’s relatively bearish USDA numbers. Ongoing dry weather across much of Argentina and parts of southern Brazil (now starting to extend to the northeast region) has paused or slowed fund selling. Funds were estimated to be short 85,000 contracts of soybeans and long soymeal starting today. (Fresh numbers from the weekly Commitment of Traders report will be available later today.) USDA did reduce its estimate of Argentina’s soybean production from 57 MMT to 56 MMT last week. However, it increased Brazil’s production estimate by 2 MMT to 110 MMT. Argentina will plant a few less acres than expected because of the dry conditions, but the Buenos Aires Exchang...
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Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
An Ankylosaurus lumbers along the shore of what’s now eastern Montana. Walking low to the ground, the dino uses its flat, leaf-shaped teeth to tear at ferns lining the water. Suddenly, a shadow looms over the herbivore—a Tyrannosaurus rex is hungry. But Ankylosaurus won’t be a...
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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.