Wheat, corn and soybean futures all started higher this morning. Funds are holding significant short positions in all three, while yesterday’s rally in the euro coupled with better economic data is bringing short covering buying to these markets. General Comments Markets were mixed to slightly lower overnight in anticipation of various reports this morning. Below are some of today’s headlines:
The U.S. added 211,000 jobs in November. That was considered a bullish number and pushed the U.S. equity markets sharply higher following yesterday’s big losses. The jobs report also likely will give the Federal Reserve the courage to finally increase U.S. interest rates. The U.S. unemployment rate is 5 percent. Stats Canada released its final...
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...
