The CBOT found a bit of strength following a generally bearish August WASDE with soybeans playing the role of upside leader on a newly hot, dry two-week Midwest forecast. Moreover, the WASDE pointed to tight U.S. soybean ending stocks for 2023/24 and traders seemed to focus a bit more on that today. Wheat futures were sharply lower amid heavy fund selling, thought technical and commercial buying picked up on breaks to major support levels. Corn was caught in the middle but found its way to slight gains on spillover buying from soybeans as well as the U.S. weather forecast. With the WADSE behind and largely assuring of adequate U.S. corn and soybean yields, the market’s attention is now turning to the U.S. weather as crops “finis...
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
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.