Today's WASDE report was considered bearish for corn because the national average corn yield of 122.8 bushels per acre was larger than the average analyst estimate of 120.6 bushels per acre. As commonly occurs, the bullishness or bearishness of a USDA report is usually judged by how it relates to the average of analysts' estimates. However, please consider the following factors:
USDA did reduce the average U.S. corn yield, and there are still several more estimates before the final is given. The slight 83 million bushel increase in 2012/13 ending stocks to 733 million bushels made no significant change in the corn balance sheet. The primary reason for the increase in 2012/13 ending stocks was a 160 million bushel increase in beginnin...
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...
