Liar, Liar, Pants on Fire The most impactful part of last week’s G7 communique was not the blah, blah, blah about saving the world from the pandemic and climate change but an agreement for investigating the origin of the virus in China. In essence, the democracies called out China’s obstinance over a more thorough understanding of what happened by challenging its credibility. White House National Security Advisor Jake Sullivan threatened Beijing with international isolation if it does not cooperate because obfuscation is tantamount to a cover-up. The amazing part is that it took political leaders, health experts and the prestige media more than a year to acknowledge that lab leaks happen, that the Wuhan lab was experimen...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
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.