GLG News by Agriculture Equipment Experts

Ug99 a wheat rust first found in Uganda in 1999 has been on the move. It first began spreading to neighboring countries in 2001, It is now as far away as the Middle East, with the likelihood that it will move east into some major wheat growing regions of Asia. With global wheat supplies already at 40+...

The USDA's most recent projections on planted area for corn, soy and wheat in the US for 2008 appear to be optimistic at best.

The ag commodity markets are trading on emotion, and to some extent, fear, without and regard for supply and demand, and the continued economic viability of that demand.  The old market saying is that high prices are the best cure for high prices, but the "cure" may be a bitter pill to swallow

DuPont's new "in-the-bag" refuge system will probably steal some market share from Monsanto trait seed, until Monsanto introduces the same, but likely gains will be small due to the ability of producers to satisfy the refuge requirements with simple in-the-row methods.

The US ag sector is showing strong signs of being overheated, and is likely to see a correction soon.  The question is, how far and fast will it fall.

The La Nina phenomenon, which could prolong the drought in the SW and SE of the US should be peaking this month, but there is the risk, that it could persist into the spring, or even for years. NASA's satellites, using microwave scanners show that the current La Nina continued to gain strength in November...

GM announces a commitment for cellulosic ethanol shortly after Daimler along with ADM and Bayer CropSciences announced last week an alliance to develop jatropha. This comes at a time when the EU and the US has begun to again question the use food crops for fuel, as well as the environmental net benefit...

Jatropha is gaining momentum with three major players announcing an an alliance which should improve the economics of Jatropha production on a global basis. Jatropha has the potential of being grown on 30 million hectares (over 70 million acres).

Monsanto's 1st quarter results jumped a surprising 188% beating most analyst projections. In their conference call they also reported on the results of their 2007 field work and research work. It continues to surpass what could have been anticipated even three years ago, as technology continues to allow...

Demand from the biofuels industry, not feed-based demand, is driving the rally in the commodities markets.  Soybean prices have been high before, but high prices will eventually "fix" the supply shortage concerns.  The weak US Dollar vs. the Brazilian Real is also one reason behind the high...