Higher Forecast for U.S. Soybean Crop INTL FCStone yesterday boosted its forecast for the U.S. soybean crop from 4.782 billion bushels (130.16 MMT) to 4.796 billion bushels (130.54 MMT), a revision based on the firm’s increased estimate for the average yield from 53.8 bushels/acre to 54 bushels/acre (3.63 MT/hectare). If realized, those yield and production numbers would both be records. Reports from farmers indicate they are seeing excellent yields except in a few states that suffered from drought during the growing season such as Kansas, Missouri, southern Iowa and parts of North Dakota. However, varietal test plots in North Dakota’s Red River Valley, which was not as dry, averaged 56.2 bushels/acre. More test plot data from...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
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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