GLG News by Council Members Knowledgeable on Animal Feed
Analysis of:
Rain pushes back planting in state (www.timesrepublican.com)
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.
Analysis of:
Bush Pushes Shift In U.S. Food Aid - President Proposes $770 Million Boost; New Tack in Africa (s.wsj.net)
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...
Analysis of:
Corn, rice surge as global food tensions mount (www.guardian.co.uk)
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.
Analysis of:
Corn Planters Remain Parked (www.ilfb.org)
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.
Analysis of:
Fish farming's growing dangers (www.time.com)
Fish farming is too often characterized in a negative light. Without fish farming, the world's oceans would be devoid of fish. The development of alternatives for fishmeal and fish oil as feed ingredients will make fish farming sustainable and further reduce risks of human exposure...
Analysis of:
Corn Acres Adjustments (online.wsj.com)
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.
Analysis of:
Drought and flooding seen for the U.S.-NOAA (uk.reuters.com)
Recent La Nina weather history has surprising results on the USA corn yield.
Analysis of:
Kenya: Spread of Wheat Disease Sparks Shortage Fears (allafrica.com)
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+...
Analysis of:
ACREAGE AND YIELD TO THE RESCUE? (www.farmdoc.uiuc.edu)
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.
Analysis of:
Commodity Prices Surge, As Investors Seek a Haven (online.wsj.com)
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
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