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GLG News by Agricultural Finance Experts

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Gary DrimmerNovember 7, 2007
ADM results are stellar thanks to wheat trading even in light of poor ethanol margins
Analysis of: ADM first quarter earnings climb 9% | www.bakingbusiness.com
Author: Gary Drimmer, President, Drimmer & Associates International
ADM surprised the market that had begun to focus on the company as a corn to ethanol company, but the company still is heavily focused on grain processing and grain trading. Big jumps in grain prices and logistical costs provided ADM with opportunities to increase margins in other non-ethanol markets....
November 7, 2007
A Right Turn in the Right Direction at the Right Time by the Right Bank
Analysis of: Indian Bank ICICI branches out | www.financemarkets.co.uk
Author: GLG Expert Contributor
First from a Development Institution to a Bank. Secondly from just a Bank to a High Tech Bank Thirdly, from an Indian Private Bank to A Global Bank for the Global Public
October 31, 2007
Make Hay while the Sun shines
Analysis of: Open bet on future of emerging markets | www.ft.com
Author: GLG Expert Contributor
China is making a step in the right direction. Emerging markets are where the fruit is ripening for the picking. An Opportunity for the Sub Saharan Africa to grab and utilise to pick up its development pace.
October 19, 2007
A great effort- for the common man- Mr. Citizen of India
Analysis of: Post Office to have largest ATM network | sify.com
Author: GLG Expert Contributor
It is indeed a noble thought. As they say in the Rig veda, the Spiritual Source of India, Let noble thoughts come from all directions. NCR's views in this directions are correct. In order to increase the outreach of banking, and widen Financial Inclusion, the roping in of Post of fices, which have one...
October 19, 2007
"After the Horses have run, the stable doors are being Locked"- A CASCADING EFFECT OF SUPER PRIME CRISIS FOR INDIA
Analysis of: India pledges greater access for funds | www.ft.com
Author: GLG Expert Contributor
1. When the Sensex ran up from 10000 to 19000, it was not in a day! 2. If FIIs money was pouring and it was not coming in a regulated manner, what were the regulators doing? 3. If the regulators wanted to take action, Firstly, they could have stopped the Outflow, before stooping to announcements which...
October 16, 2007
The Greater Fool Theory?
Analysis of: Wilbur Ross Sees Mortgage Market Rising in Subprime Debt's Wake | www.bloomberg.com
Author: James Butler, President, Rigley Financial Corporation
Mr. Ross' acquisition of American Home Mortgage's servicing unit is a bold attempt to continue his legacy of "turnarounds" in the business arena. Like Merrill Lynch's purchase of First Franklin, Ross' move may disprove the adage "when there's blood in the streets, buy real estate", and prove the "Greater...
Gary DrimmerOctober 7, 2007
ADM Could Switch Some Ethanol Capacity to High Fructose Corn Syrup
Analysis of: ADM shrugs off low ethanol prices, but keeps options open | news.medill.northwestern.edu
Author: Gary Drimmer, President, Drimmer & Associates International
Ethanol margins are hurting, given high corn prices and low ethanol prices. Large plants still have positive margins, but they are greatly reduced. Part of ADM 's ethanol comes from plants it originally switched from high fructose corn syrup (HFCS) and starch production.
Gary DrimmerOctober 5, 2007
India Opens Imports to Genetically Modified (GMO) Soybean Oil
Analysis of: Government allows import of GM seed edible oil | www.business-standard.com
Author: Gary Drimmer, President, Drimmer & Associates International
More countries are producing growing quantities of genetically modified (GMO) soybeans and corn. As prices of foods climbs, countries around the world are being forced to recognize that these crops are safe and cheaper. Will the EU join the crowd?
September 4, 2007
Regulated Interest regime- is it not in the interest of GE?
Analysis of: GE may quit consumer lending in Japan | money.cnn.com
Author: GLG Expert Contributor
1.  A high interest rate for lending, especially consumer lending, is always harmful. 2.  The rate of interest for lending is always fixed taking into account the cost of borrowings or funds , adding operational costs and risk costs and of course the profit margin., the last being the...
September 3, 2007
A Prudent decision
Analysis of: S&P President Corbet Is Replaced | online.wsj.com
Author: GLG Expert Contributor
A change for the better

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