Conventional wisdom among many traders of grain futures is that USDA's unexpectedly huge 1 March quarterly corn stocks estimate killed the long-term bull market in grains and the soy complex. After that report was released on Thursday, 28 March, the May corn contract fell the 40-cent daily limit. Friday was a holiday, but that did not matter because on Monday, 1 April, with an expanded daily limit, the May corn contract plunged an additional 53 cents for a total loss of 93 cents in two trading days. CME May wheat fell 72.75 cents during the same two trading days, and May soybeans lost 63 cents. When futures prices across the board fall so far in two trading days, it has to be a signal of something.Actually, this long-term bull market in g...
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.
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...