The weekly CFTC report featured a few surprises, most notably the 11,000-contract net buying in the Chicago wheat market. Heading into the report, expectations were that it would show funds expanding short positions heading into the February AOF from USDA. Rather, funds were parging back shorts, but have since obviously abandoned that and pushed the market to new contract lows. Similarly surprising was the modest selling in the soybean market, where already-heavily-short funds added just 3,000 contracts to that position. Since Tuesday’s data reporting period, however, that short position has expanded greatly amid the selloff to new lows. While the soybean and wheat numbers were surprising, the corn and livestock position figure...
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.
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...
A microlith is a small stone tool usually made of flint or chert and typically several centimeters in length and half a centimetre wide. They were made by humans from at least the Upper Paleolithic, across Africa, Europe, Asia and Australia. The microliths were used in spear points and arrowhea...
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...
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