When the American government, a generous and close friend to Uganda, began an organic-farming program to help rural economies here, Mr. Acope expanded, selling a wide variety of commodities at good rates.
At the same time, the disease and browning indices were lower and commodity rates were higher in ATP-treated fruit.
By contrast, Theo guarantees its partner growers that it will buy all the beans that meet its quality standards at a baseline price that is well above not only the going commodity rate, but the prices set by fair trade requirements.
Revenue from trading commodities and rates fell in the quarter.
The group signed up as so-called swap dealers, the designation for firms that arrange derivative contracts tied to the value of commodities, interest rates or mortgage securities.
"I am amazed by how much time and effort people waste trying to guess what will happen in known unknowns, such as Brexit, China, commodities, interest rates, oil prices and the US presidential election.
In spite of difficult conditions, Morgan Stanley "delivered strong results in investment banking, commodities, interest rates and credit products as well as solid performance in global wealth management," John J. Mack, the chairman and chief executive, said in a statement.
The agency's plan also affects hedge funds and other traders that have large positions in swaps, the derivative contracts tied to the value of commodities, interest rates and mortgage securities.
The commission's plan also would apply to hedge funds and other companies that have huge positions in swaps, the derivative contracts tied to the value of commodities, interest rates or mortgage securities.
Under Dodd-Frank, the agency for the first time has broad new authority over swaps, the derivative contracts often tied to the value of commodities, interest rates or mortgage securities.
