GLG News by Ethanol Experts (Brazil)

The cost of corn, is not the significant driver in increases in food prices. Corn represents just $.15-$.26 per pound of meet costs A box of corn flakes contains about $.03 of corn Higher milk prices are not connected to higher corn prices.  

The United State's production subsidy and import tariff needs a sunset date. --- US farmers are not abusing land to produce ethanol feedstocks --- Fertilizer use is up, but that's a good thing --- Do subsidize the installation of E85 pumps in the US --- Cellulosic ethanol is the future, but US can't...

The USDA's acreage of report has shocked some in the market. It is a further 3% jump from the March corn planting intentions. At the same time, soybean acreage is down 15% from last year's record. There are many winners and losers. Seed and biotech companies are having a great year, with corn...

>The (toal acreage) pie can't get bigger in the US > Soybeans are driving the CBOT now > Brazilian farmers CAN expand planted area > Area planted to soy in Brazil was DOWN by over 6% in the 06/07 crop > Look for increases in soybean area in the southern states, in areas where...

This appears to be a good move for ADM, both from a protective, and a proactive, viewpoint. > This could be viewed as a hedge against changes in the import tariff > ADM has operational history in Brazilian agriculture > This move may not be viewed in a positive by US corn growers >...

ADM has been the major political lobbyist of US subsidies for the US domestic ethanol industry since 1979,  as well as the $0.54/gallon duty on imported ethanol. A the largest producer of ethanol in the US, they are now looking to enter Brazil's sugarcane to ethanol industry. Will this mean they...

The recent recall of pet foods have shown a weakness in the US food and feed inspection system, as well as the corruption of the ingredient system in China. Protein in animal feeds is measured by an analysis of the nitrogen in the feed. It is not unusual to use urea as a source of nitrogen in ruminant...

ADM and VeraSun Energy posted results that were disappointing an led to drops in their stock as well as other publicly traded ethanol stocks. Now Pacific Energy has met Wall Street estimates and you can hear a sigh of relief all the ways around the world starting in the fields of Iowa and not stopping...

Bunge, one of the largest ag-processing companies in the world just reported disappointing earning due to losses on hedges on their South American soybean position. They are not involved in ethanol production yet, though a big player in biodiesel in Europe. Their dry corn milling which has had many...

This week's rain in the corn and soybean belt has been driving up grain prices. Or is the prospect of drought this year in Europe? How about the drought in China, the possible continued drought in Australia or South Africa. On average the world would be just about right. For crops, that just doesn't...