World Perspectives
energy

There’s No Substitute for Natural Gas

According to the U.S. Energy Information Administration (EIA) weekly natural gas storage report, working natural gas in storage was 3,644 billion cubic feet (Bcf) as of 11 November. That inventory was 4 Bcf higher than last year at this time and 7 Bcf below the five-year average of 3,651 Bcf. Despite falling slightly below the average, this represents a significant rebuilding of stocks back to near the five-year average, and the closest to the historical average since January. As far as natural gas prices for inputs, that is generally positive news. The normal refilling season for stocks runs from 1 April (noted in the chart above) to 31 October (give or take a week or two as refilling continues into the heating season). Inventories were...

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Market Commentary: CBOT Decline Continues while Stocks Rally; EPA Confirms Summer E15 Sales

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Livestock Roundup: Cattle on Feed Preview

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Mar 24 Corn closed at $4.06/bushel, down $0.05 from yesterday's close.  May 24 Wheat closed at $5.7925/bushel, up $0.0125 from yesterday's close.  Mar 24 Soybeans closed at $11.4775/bushel, down $0.13 from yesterday's close.  May 24 Soymeal closed at $331.4/short ton, down $5.3 f...

livestock wheat soy-oilseeds

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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.

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