GLG News by Ethanol Experts (Brazil)

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...

1. Ethanol production is not the culprit in the rising cost of food stuffs. 2.  Detractors of ethanol production within the U.S. have other motives to oppose its use in automobiles, trucks and other equipment. 3.  Cost to produce a gallon of ethanol is very competitive with current petroleum...

    The USDA crop report March 31, surprised analysts with a 7 million acre reduction in US corn plantings year on year. Prices have accordingly escalated for three consecutive days to nearly $6.10/bu. This may slow demand by ethanol plants and feeders as potential...

Plants breathe CO2, so it's natural to conclude that they do better in a high-CO2 environment. Weeds are plants. So it's really not news that greater CO2 would be a good environment for plants... but it would be just a good an environment for corn as it would be for ragweed; every bit as nice for...

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...