The CBOT opened and traded higher once again on Wednesday, with December corn, January soybeans, and December soyoil all posting fresh contract highs. For soyoil, the technical victory was even greater as the market posted its highest close since 2014. Funds remain net buyers and the fact that the latest CFTC data showed them holding a smaller-than-expected long position is fueling additional buying. The soy complex is locked in a bull market trying to ration demand, while corn is supported by solid demand and wheat is along for the ride. So far, none of the major CBOT markets has shown signs of forming a top or reversal. WPI cautions that the soy complex is overbought presently, which may spark some profit taking soon. Fridays tend...
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...
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.