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June 26, 2008Comments on Bunge and Corn Products International Merger
Analysis of: Bunge Should Jump from Here | seekingalpha.com
Author: Gary Drimmer, President, Drimmer & Associates International
It is a win-win marriage made in Brazil. The timing is perfect to take advantage of record stock prices and commodity prices, though wet corn milling might have some problems next year.
June 23, 2008Easing Ethanol Mandates and Opening the CRP- Possible Solutions to High Cron and Soybean Prices
Analysis of: U.S. May Free Up More Land for Corn Crops | www.nytimes.com
Author: Gary Drimmer, President, Drimmer & Associates International
There are possibly 4-6 million acres lost this year due to flooding in the Midwest. This has been enough to force corn, soybean and some meat prices to record prices this month. If prices rise further due to a reduction in yields due to a hot dry spell during pollination, will the government be forced...
June 18, 2008Who IS Going To Pick Up the Tabs From Crop Damage
Analysis of: Crop Insurers Brace for Pain | www.businessweek.com
Author: Gary Drimmer, President, Drimmer & Associates International
Flooding across the Midwest is causing billions of dollars of crop damage as corn and soybean crops are killed or washed away. What had looked as a stellar year for farmers throughout the Midwest will result in some major losers, starting with farmers and livestock producers, and continuing with crop...
June 16, 2008Argentine Government Continue to Tango with Farmers- Viva the Strike
Analysis of: Argentine Farmers Resume Export Tax Protests | www.allheadlinenews.com
Author: Gary Drimmer, President, Drimmer & Associates International
The Argentine farmer strike continue. It has been 100 days with on and off again strikes, with truckers and housewives joining the protests. Exports as well as domestic agricultural processing has been stopped again, putting additional pressure on soybeans in the US and the Argentine Government.
June 16, 2008Rain Rain Everywhere, But Where are the Corn and Soybeans?
Analysis of: Flooding a 'brutal business partner' for farmers | www.thonline.com
Author: Gary Drimmer, President, Drimmer & Associates International
The record rains and flooding in Iowa will result in a further drop in corn and soybean production this year, with estimates of up to 3 million acres and 20% of the Iowa crops lost. This has already caused a run up in corn, soybeans and wheat prices and a drop in many companies' stocks, including...
June 9, 2008When it Rains it Pours- What is Going to Happen to The US Corn and SOybean Crops
Analysis of: Climate plants a wet one. Record moisture reported across state | www.columbiatribune.com
Author: Gary Drimmer, President, Drimmer & Associates International
The midwest has had exceptional amounts of rain since last December leading to major delays in the seeding and emergence of the corn and soybean crops. La Niña has been blamed for the cool wet weather, if it is disappearing what type of summer and crop will we have.
May 30, 2008Why Are Sugar Prices Low?
Analysis of: Sugar prices sink to 7-month low on supply glut | ap.google.com
Author: Gary Drimmer, President, Drimmer & Associates International
World sugar prices have dropped below the 10 cent/lb. level , even as energy prices and food demand increases. Why is this happening, will it end soon and what are the implications for ethanol, HFCS and alternative crops next year?
May 13, 2008Cellulosic 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...
May 12, 2008Two 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...
May 5, 2008A 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...
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