Falling Palm Oil Prices Reach Two-Year Low Palm oil prices are declining because of anemic demand and the market turmoil caused by the U.S.-China trade dispute. Today the September palm oil futures price on the Malaysian futures exchange fell for the fourth consecutive day to the equivalent of $560.79/MT ($0.254/lb.), its lowest level since July 2016. Rising stocks and a poor outlook for export growth are the main underlying reasons for the palm oil price declines. India’s higher import tariffs on palm oil, both crude and refined, and Europe’s decision to phase out the use of palm oil in biodiesel production have been bearish to the market. Oil World expects global stocks to reach 11.64 MMT at the end of this month, up from 9...
The magpie goose (Anseranas semipalmata) is the sole living representative species of the family Anseranatidae. This waterbird is found in northern Australia and southern New Guinea.[2] The species is not truly migratory but it sometimes travels large distances to find food and water, especiall...
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A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Gloriosa is a genus of 12 species in the plant family Colchicaceae, and includes the formerly recognised genus Littonia. They are native in tropical and southern Africa to Asia, and naturalised in Australia and the Pacific as well as being widely cultivated.[3] The most common English names are...
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.