GLG News by Council Members Knowledgeable on Animal Feed
Analysis of:
Drought in Southern Africa (earthobservatory.nasa.gov)
NASA's Earth Observatory is showing dramatic pictures of the drought that is effecting South Africa. The corn crop there which was projected to be a normal 10 million metric tons, is now estimated to be no more then 6 million metric tons by the USDA.Australia has also been suffering from a prolonged...
Analysis of:
How high can soybean market soar? (deltafarmpress.com)
It may seem strange to talk of higher soybean prices just as they slump to around 10% below their contract high. It probably is even more far fetched to talk about soybeans in the teens (above thirTEEN dollars a bushel), but there are clouds gathering on the horizon that might push this market higher.As...
Analysis of:
Squeezing diesel out of animal fat (www.usatoday.com)
It used to be said that in the stockyards of Chicago nothing went to waste in the processing of hogs except for the squeal, so it is no surprise that with higher energy prices Tyson would look to maximize the value of their fat and tallow scarps. ConocoPhillips, as other major oil processors need to...
Analysis of:
Icy cores in winter wheat mark freeze (deltafarmpress.com)
It is April 11th and there is snow falling in Chicago and it remains cold throughout the midwest. More snow storms and cold weather are still on their way. While the moisture is always welcome in the winter wheat belt, the weather over the past 5 days has been terrible for the winter wheat crop and...
Analysis of:
Too much corn to move this fall? (deltafarmpress.com)
The corn markets seem to be changing week by week, if not day by day. Farmers are going to be planting a lot more corn, that is if they can get their seed in on time.This article quotes Richard Brock, one of the best recognized grain analysts in the US. He is quoted is saying that we will have a big...
Analysis of:
Monsanto, BASF Join Forces (www.forbes.com)
Would some consider this the sequel to Frankenstein as Monsanto and BASF announced this week that they are going to collaborate on R&D to bring new traits to market quickly tied to increased demand for gains and oilseeds tied to biofuels? With only a hand full of potential dancing partners in the...
Analysis of:
Scare over GM corn imports (www.smh.com.au)
Leading Agriculture Seed Companies at Risk
The Potential Import ban of US grain-products
Value of Corn Futures Vulnerable
Analysis of:
Corn turned to ethanol to rise next year (www.businessweek.com)
Expanded planted corn acres in 2007 could result in smaller end stocks
You were paying more at the gas pump, but now it may be more at the grocery store and restaurants.
Food Industry doing more with less
Could the US Import Corn?
Analysis of:
Good Weather, Prices Fuel Farm Boom (www.timesleader.com)
> the entire world investment community is enamored with prospects of alternative fuels.> USDA's 15year baseline projections, call for a 49% increased in corn use for ethanol> how the stocks of ethanol are building at a faster rate than production.> The combined operating, new construction-expansion,...
Analysis of:
Food versus fuel: is a happy ending possible? (www.bakeryandsnacks.com)
This can become a win/win opportunity if we use our knowledge and creativity instead of a conflict between farmers and consumers.
Increased income in the agricultural industry will lead to more research into energy production as well as protein production of milk, meat and eggs.
Everyone needs to...
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