Certain clients have asked if it would not be equally advantageous to hedge next season's production in more actively traded nearby contracts rather than in the more distant "new crop" December contract. After all, when looking at long-term charts, nearby and distant contracts appear to move with great harmony. The short answer is, absolutely not!The producer of a crop can suffer financial ruin by choosing to hedge future production in a closer nearby contract. That scenario is particularly dangerous in a year such as this one, when ending stocks for the current old crop year are anticipated to be very tight. For clarity's sake, please consider the following discussion and hypothetical example:In a normal growing season with ample supplie...
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...
The Olympic marmot (Marmota olympus) is a rodent in the squirrel family, Sciuridae. It occurs only in the U.S. state of Washington, at the middle elevations of the Olympic Peninsula. The closest relatives of this species are the hoary marmot and the Vancouver Island marmot. In 2009, it was decl...
From WPI Consulting
Like all marmots
An adult Vancouver Island marmot typically measures 65 to 70 centimetres (26 to 28 in) from the tip of its nose to the tip of its tail.