It was an interesting week for market news versus market action. There were actually numerous, somewhat bullish news stories that generated little in the way of bullish market reaction, including the following:
Wheat markets continue to absorb news of further declines in volume and quality by moving lower. Frost in West Australia early this week has created more crop losses than expected. It is very early in the “recovery” process to determine how much damage occurred. That really can’t happen until harvest gets underway, but reports from trustworthy sources indicate canola was badly damaged. There will be wheat losses as well, but we’re told that the crop across the frost-hit region was in varying degrees of matu...
ZanzibarMnemba Marine Parksouthern cassowary Mnemba Marine Park is located 10 kilometres (6 mi) from Stone Town and forms part of the northeastern Unguja Island. A marine reserve and atoll, its shallow stretch of coral reef is in the shape of an oval. It is located between Matemwe and Nungwi, w...
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...
