In a twist on the recent Black Sea narratives, CBOT futures were higher overnight after Ukraine attacked Russian port infrastructure in the Crimean Peninsula. Reports came overnight that Russia’s oil export infrastructure in the Novorossiysk port had been attacked by naval drones (presumed to be Ukraine’s). That created a short-lived rally in wheat, corn, and soybeans overnight as headline-reading trading algos reacted to the news. Thereafter, however, futures were generally on the defensive with markets retreating to recent lows amid a lack of other news. Mild short covering did help lift corn and CBOT wheat to a higher close for the day as traders are again reluctant to be short over the weekend with weather trends likely to d...
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.
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...