GLG News by Council Members Knowledgeable on Animal Feed

There has been a paradyne shift in commodity prices. It is hard to think of a return to $20 a barrel oil. In the same way grain and oilseed prices are now at a new level as demand has grown and will outstrip supplies for the next few years. Higher prices and possibly new record prices are likely in...

There has been a paradyn shift in commodity prices. It is hard to think of a return to $20 a barrel oil. In the same way grain and oilseed prices are now at a new level as demand has grown and will outstrip supplies for the next few years. Higher prices and possibly new record prices are likely in 2008....

Lack of infrastructure is creating price-gluts, and low or negative margins for ethanol producers.  This situation could continue for another two years, as improvements in infrastructure struggle to keep up with expansions in production of ethanol.  Corn acreage is already at its highest level...

Argentina is becoming dry, and Brazil could follow. This is pushing soybean up towards record high prices, with corn returning to five month highs. Spring wheat, which is yet to be planted in North America is reaching for the sky as Argentina imposes export controls and Canada confirms a smaller harvest....

What might be the largest single project for jatropha production has just been announced by Bionor in the Philippines. With soy oil prices reaching record high prices and the cry against food to fuel and for sustainable farming, is this the agriculture project of the future? How soon will we see that...

US farm programs have lost their focus, and are providing subsidies to farmers during a year of record incomes.  In addition, a continued focus by the US government on expanding biofuels will do more to stimulate agricultural production in other countries, than it will here in the US.

Wheat quality conditions may limit 2008 production. Adding four to six million more acres may be of little help. Wheat value expected to firm into 2008

The biofuels boom is driving up prices for farmland across the US.  Typical prices for top farmland selling with no development potential, are now around $6,000 per acre or more in Central IL.  The higher prices are good for current owners, but bad for anyone renting land, which covers the...

The adoption of new crops for biofeedstocks will be driven by how efficient the crops are (gallons per acre), and in how they fare economically (net returns per acre).  Crops like camelina may be able to gain a foothold in regions where corn and soy are less viable, like the US west and northwest. ...

The secondary effects of the world-wide ethanol boom are starting to show up in increases in prices, and in earnings, of which Deere is an excellent example.  Expansion of sugarcane in Brazil is driving sales of Deere machines there, but the effects of the big US corn crop and record high commodity...