Grain and soy prices traded slightly firmer overnight, but they faded to red early in the day session and stayed that way through the close. Some of the weakness may have been related to the Fed’s impending rate cut even though it was so widely expected. General Comments Finally! The U.S. Federal Reserve Bank raised its fed funds rate 0.25 percent, which puts it in a range of 0.25-0.50 percent. The Fed lowered the rate to near zero in 2008 during the depths of the financial crisis, and that is where it remained for more than seven years. The last time the Fed raised its interest rate was in June 2006 – nine-and-a-half years ago. Large U.S. banks were quick to raise their prime rates a like amount following the Fed’s announcement. It is a...
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...
From WPI Consulting
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.