General Comments The shockingly high 1 March corn stocks reported by USDA triggered enormous trading volume in corn futures. CME corn futures volume last Thursday was about 655,000 contracts, the second highest daily corn volume ever. Monday's corn futures volume was 596,000 contracts. The two-day total of 1.251 million contracts of corn futures is probably the biggest on record for consecutive trading days. In terms of bushel volume, about a half an average U.S. corn crop changed hands during Thursday and Monday (Friday was a market holiday).As heavy as the volume of corn futures trade was, the most interesting aspect to us is the effect on the open interest in corn futures. Open interest went up 16,834 contracts on Thursday, and it fel...
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...
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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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...