GOOD MORNING, Happy Veteran's Day, and thank you for your service. The November report, typically a quiet data set, offered up a few surprises that not only validated fund long positions but sent prices higher for everything but wheat. Given tighter balance sheets, SA weather and demand are critical to price. Funds were big buyers yesterday of around 30K corn contracts and 30K beans. Beans:
No increase in the export forecast Ending stocks lowered to 190 million bushels A very tight stocks-to-use ratio of 4.2%, which supports prices Argentine production down 2.5 mmt
Corn:
Disappearance raised by 250 million bushels Exports raised 325 mln bu to 2.650 bln bu Chinese corn imports raised...
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...
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...
testing content here...
