Funds are still short a record amount of wheat futures. Without much other bad news left to throw at the wheat market, a few positive stories have apparently started to make some of the fund shorts a bit nervous.This week's USDA reports were important because they set the initial tone or benchmark numbers for the next marketing year. There was nothing bullish in the numbers, as Bob Kohlmeyer pointed out in his analysis the day that the reports were released, as well as nothing really bearish for corn or wheat. The soybean numbers are clearly bearish, but they have been for several months, and the market has continued to trade in a relatively narrow range. We still expect that will widen to the downside in the next 30-45 days. Planting progr...
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.
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...