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GLG News by Agriculture Equipment Experts

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Joe VictorMay 15, 2008
Alarming Low Levels of Corn
Analysis of: China confident of grain supply | www.hindu.com
Author: Joe Victor, Vice President/Marketing, Allendale Inc
China confident of its grain supply but not within the US according to Allendale Inc's research. The likelihood of China importing corn from the US is growing weaker.
Gary DrimmerMay 13, 2008
Cellulosic Ethanol To Become New King In U.S.
Analysis of: Food Shortages Turn Corn to Toast as Fuel | enr.ecnext.com
Author: Gary Drimmer, President, Drimmer & Associates International
With corn prices climbing to record new highs everyday, there is additional incentive to accelerate the drive to switch from corn to cellulose as the raw material for ethanol in the U.S. The Department of Energy, Congress and private enterprize have their foot on the accelerator to find a commercially...
Gary DrimmerMay 12, 2008
Two To Tango- Argentine Farmers Strike as Government Not Playing Their Tune
Analysis of: Argentine Farm Strike Threatens Economy, Grain Sales | www.bloomberg.com
Author: Gary Drimmer, President, Drimmer & Associates International
Argentine farmers are blocking highways and roads in their second strike of the year protesting increases on taxes. Major grain companies ADM, Bunge, Cargill, Corn Products and Dreyfus have major operations that are being impacted. Last month the strike caused major food shortages in Buenos Aires as...
Joe VictorMay 5, 2008
Corn Yield May Fall
Analysis of: Rain pushes back planting in state | www.timesrepublican.com
Author: Joe Victor, Vice President/Marketing, Allendale Inc
USDA may have no choice but to trim its 2008 corn yield because of delayed spring plantings. Less yield per acre and fewer acres could have key implications to supply/demand and ultimately price.
Gary DrimmerMay 5, 2008
A Real Soultion to Global Food Shortages and World Hunger
Analysis of: Bush Pushes Shift In U.S. Food Aid - President Proposes $770 Million Boost; New Tack in Africa | s.wsj.net
Author: Gary Drimmer, President, Drimmer & Associates International
The rapid increase in rice, wheat and vegetable oil prices has resulted in protests around the world as the poor are unable to feed themselves. The U.S. government is finally realizing that current model of sending U.S. farm products on U.S. flag ship vessels is a waste of money and neither helps the...
May 5, 2008
Wheat, Bread and Gasoline
Analysis of: Corn Ethanol Loses More Support | article.wn.com
Author: GLG Expert Contributor
1. Ethanol production is not the culprit in the rising cost of food stuffs. 2.  Detractors of ethanol production within the U.S. have other motives to oppose its use in automobiles, trucks and other equipment. 3.  Cost to produce a gallon of ethanol is very competitive with current petroleum...
Joe VictorApril 24, 2008
Corn Price Direction
Analysis of: Corn, rice surge as global food tensions mount | www.guardian.co.uk
Author: Joe Victor, Vice President/Marketing, Allendale Inc
Could delayed corn plantings have a dramatic impact on short term corn futures price direction. History has shown divergence in December corn futures price direction.  
Joe VictorApril 17, 2008
Corn Planting Delays
Analysis of: Corn Planters Remain Parked | www.ilfb.org
Author: Joe Victor, Vice President/Marketing, Allendale Inc
Corn plantings for 2008 are in unique company but research suggest it may be premature to panic. Recent historical data suggest planting delays may not impact the final yield.
Joe VictorApril 2, 2008
Corn Stocks May Thin
Analysis of: Corn Acres Adjustments | online.wsj.com
Author: Joe Victor, Vice President/Marketing, Allendale Inc
Even with odds suggesting corn acres may expand from the month of March to month of June, corn stocks could drop 67% from 2007/08 to 2008/09 marketing years.
Joe VictorMarch 25, 2008
La Nina's Corn Yield Impact
Analysis of: Drought and flooding seen for the U.S.-NOAA | uk.reuters.com
Author: Joe Victor, Vice President/Marketing, Allendale Inc
Recent La Nina weather history has surprising results on the USA corn yield.

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