Exercising its new role under Dodd-Frank, the CFTC filed a civil lawsuit yesterday (1 April) in federal court charging Kraft Foods Group LLC and its affiliate with manipulation of the Chicago wheat futures market in 2011 in an effort to affect the cash market for SRW as well as wheat futures market spreads.The Commodity Futures Trading Authority (CFTC) was created in 1974 by an act of Congress as an independent agency charged with overseeing and regulating futures exchanges and futures trading. It replaced the Commodity Exchange Authority (CEA), an office within USDA that had been established in 1933 primarily to reign in the kind of unregulated speculation and market manipulation in grain futures markets prevalent at the Chicago Board of T...
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.
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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Kolkwitzia amabilis /kɒlˈkwɪtsiə əˈmæbɪlɪs/,[2] commonly known as beauty bush, is a species of flowering plant in the family Caprifoliaceae. It is the sole species in genus Kolkwitzia.[1] It is a deciduous shrub grown as an ornamental plant. In China, where it originated, the plant is cal...
The yellow-bellied marmot (Marmota flaviventer), also known as the rock chuck, is a large, stout-bodied ground squirrel in the marmot genus.[2] It is one of fourteen species of marmots, and is native to mountainous and semi-arid regions of southwestern Canada and western United States, includin...