Surprises are usually left for the military but today USDA pulled off the unthinkable, shocking the market to the bullish side. The August WASDE report reflected the global crop situation the way it should, but not the way the trade expected. The table below shows just some of the ways the market was caught flat-footed.
The WASDE made significant yield cuts (20+ percent) in the western half of the production area where heat and dryness has been relentless, and recognized increases (20+ percent) in the eastern part but overall, not enough to prevent significant declines. The market had been loitering within narrow ranges for several days looking for direction, and it received a full lesson plan today. Managed funds that had re...
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...
