The GASC purchased 55,000 MT of Ukrainian wheat and 120,000 MT of Romanian origin last week, paying $207-209/MT CNF for 25 July-10 August shipment. There was no wheat from Russia sold in that tender, which is attributed to one specific problem there. Milling Wheat The FOB market in Ukraine and Russia remained about unchanged last week. A limited volume of Russian 12.5 pro wheat is offered at $185/MT FOB for July/August with buyers about $3 below that. There is talk in the market that Russia’s value-added tax (VAT) issue should be resolved soon and that would increase domestic market prices and the pace of farmer selling. The Ukrainian 11.5 pro wheat is trading at around $178/MT FOB for August. The Russian and Ukrainian crops are estimated...
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...