Yesterday's USDA supply and demand estimates should be considered at least somewhat bullish. U.S. ending supply estimates for corn, wheat and soybeans suggest farmers will again be scraping bin bottoms next summer before the 2013 crops are harvested. The world faces similar tightness with feed grain supplies stocks-to-use ratio at perhaps the lowest level ever. The chart below shows the world corn stocks to use ratio going back to the early 1980s.The markets reacted to yesterday's reports with sharply higher prices early, but they could not hold that buying enthusiasm into the close. Markets overnight and this morning were very weak. The fact that these markets have been unable to sustain any rallies for the past month has a lot of bulls...
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.
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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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...