Month: October 2019

Get Out of the Eddy and Start Moving Down River

An eddy can be defined as water moving in a circular pattern, counter to the main current of water, sometime causing a whirlpool.  River rafters try to avoid eddies as opposed to getting stuck in an unstable place in a river in order to keep moving down the river. A business eddy is where the…
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Chart of Global Price of Soybeans per Metric Ton from 1990 to Present

The International Monetary Fund Primary Commodity Prices states: Value represents the benchmark prices, which are representative of the global market. They are determined by the largest exporter of a given commodity. Prices are period averages in nominal U.S. dollars. A metric ton is equal to 1,000 kilograms or approximately 2,204 pounds, while a U.S ton…
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