Modest volumes were traded today, except HRW and Lean Hogs where there was some added play. For the week overall, the bears were in charge with weather and Ukraine the overriding factors. Neither of those influences are definitive. In fact, Russia lowered its export tax on wheat to facilitate sluggish movement. For the week, prices are lower, net long positions in corn increased by 29 percent, but fell 8.5 percent for soybeans.
Ukraine’s wheat crop is down 40 percent this year and McKinsey predicts problems will continue with overall grain production down 35-45 percent from its peak. Then they cited fertilizer shortages to conclude that grain prices will remain high into 2023. This is supported by futures where:
Deferred corn...
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...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
