Much of the world has been enjoying the May Day holiday, which probably limited overnight trading volumes. Overnight futures prices found soybeans and wheat trading a bit lower, while corn hung around unchanged. Trading during the day came under the influence of diverse weather conditions and forecasts, and it was thus more active in terms of volume and price action. Chicago and KC wheat futures turned higher shortly after the day session opened as less-than-favorable weather headed toward important wheat-producing regions. Besides the U.S. Plains drought, dry conditions were forecast to continue for Russian and other Black Sea wheat areas to be accompanied by increasing heat. Most of Australia is forecast to remain dry into mid-May, causin...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
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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