Assuming the Ukrainian feed grains surplus is 18 MMT this year, 10 MMT remain for the period of January-September, which is a record high for this point in time. Milling Wheat The Black Sea market is under pressure in sympathy with EU and U.S. wheat. It is also very quiet as Russia and Ukraine are just returning from the long holidays.The EU allocated 719,000 MT of wheat export licenses last week, bringing the total to 15.1 MMT versus 10.1 MMT allocated at the same time last year.The GASC purchased 55,000 MT of U.S. SRW last week at $303/MT CNF. It bought 535,000 MT of French, Romanian, Russian and Ukrainian wheat for between $316-321/MT CNF the previous week.The weather in Romania and Bulgaria is unusually warm and dry, and precipitation...
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.
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...
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...