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GLG News by Fertilizers Experts

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Philip CorzineAugust 14, 2007
Farm machinery makers have to "follow their customers" to stay competitive
Analysis of: Why Deere Is Weeding Out Dealers Even As Farms Boom | online.wsj.com
Author: Philip Corzine, Founder & Managing Consultant, AgPage International Consulting, LLC
Toying with dealer-customer relationships is always a tricky matter, but as agricultural producers in the US get bigger, makers and sellers of farm machinery have to evolve, in order to be able to serve their customer's changing needs.  Farm numbers falling Numbers of farms in the US continues...
Philip CorzineAugust 13, 2007
Higher nitrogen prices (and higher soybean prices) will slow, or stop, growth in corn acres in 2008
Analysis of: Impact of Rising Natural Gas Prices on U.S. Ammonia Supply | www.ers.usda.gov
Author: Philip Corzine, Founder & Managing Consultant, AgPage International Consulting, LLC
NH3, or Anhydrous Ammonia, is the primary source, for nitrogen, a key input for farmers in the production of corn. Domestic production of NH3 is down by 44% over past 4 years due to lower margins.  Imports are up 115 % over the same period.  Prices paid by farmers have increased by 129% over...
Philip CorzineAugust 13, 2007
Potential is there, but pushing new use's is a difficult process with low rates of success
Analysis of: Cooking Up More Uses for the Leftovers for Biofuel Production | www.nytimes.com
Author: Philip Corzine, Founder & Managing Consultant, AgPage International Consulting, LLC
The potential to increase revenues by finding, or creating new uses for by-products is real, and potentially significant.  However, past experiences indicate that trying to "push" new products onto the market is much harder than letting demand "pull" them in...and is made even more difficult by...
Gary DrimmerAugust 13, 2007
Bumper Crop of Corn: Storage and Handling Issues
Analysis of: USDA: 13 billion bushels of corn | deltafarmpress.com
Author: Gary Drimmer, President, Drimmer & Associates International
The USDA updated their crop estimate for this year's harvest to a silo breaking 13.053 billion bushels of corn. That is 233 million tons and enough corn to increase ethanol production, feed additional chickens and hogs, export more and still increase the carryover from last year. While the crop still...
August 7, 2007
The "Navajo Nation" is stretching the point here.
Analysis of: Navajos and Environmentalists Split on Power Plant | www.nytimes.com
Author: GLG Expert Contributor
Although the Navajo Nation has special status within the US, it is a a bit far fetched to characterize it as a developing country.  That notwithstanding, given the environmentalists refusal to recognize nuclear power as the best answer to global warming,  coal remains the best choice for meeting...
Philip CorzineJuly 30, 2007
Soy complex has potential--Brazilian plantings a key factor.
Analysis of: Grain Price Outlook: Soybeans-What will South American Do? | www.farmdoc.uiuc.edu
Author: Philip Corzine, Founder & Managing Consultant, AgPage International Consulting, LLC
64.1M acres of soybeans planted in US in 2007, likely creating the second smallest harvest in 8 years. - - - - Average farm prices for soybeans are projected to increase by over $1.00/bu. in the next year. - - - - - Future price movements will be highly volatile, influenced heavily by size of the crop...
Gary DrimmerJuly 30, 2007
Does High CBOT Soybean Prices Result in Increase South American Acreage?
Analysis of: Grain Price Outlook: Soybeans-What will South American Do? | www.farmdoc.uiuc.edu
Author: Gary Drimmer, President, Drimmer & Associates International
With US soybean inventories dropping, will South American farmers have enough economic incentive to increase their planted soybean acreage at the end of the year? The US had a major shift in acreage this year from soybeans to corn. With current use levels and estimated yields from the current crop,...
Joe VictorJuly 26, 2007
2007 Corn Crop Production Far from Complete
Analysis of: Rain Improves Crop Conditions | www.hoosieragtoday.com
Author: Joe Victor, Vice President/Marketing, Allendale Inc
US Midwest Corn Crop Good to Excellent Condition is Slightly Better Than Five Year Average Ideas Suggest the 2007 corn crop is made. Even at 78% pollinated, there is room for adjustment to final corn production.
Gary DrimmerJuly 26, 2007
Consolidation of Ethanol Industry off to the Races
Analysis of: 3 ethanol plants to boost VeraSun | www.argusleader.com
Author: Gary Drimmer, President, Drimmer & Associates International
Getting big. Getting interesting. Will oil companies find a 1 billion gallon ethanol company worth their while? This is the first really significant consolidation move in the ethanol industry with a price tag of $725 million for 330 million gallons a year of capacity, we see a valuation of $2.20/gallon...
July 20, 2007
Takeover Fever in Chemicals – Is It Coming to an End?
Analysis of: Basell to Acquire Lyondell Chemical Company for $48 Per Share | www.lyondell.com
Author: GLG Expert Contributor
The upcoming acquisition of Huntsman (by Apollo’s Hexion unit) and Lyondell (by Blavatnik’s Basell) extends the takeover fever which has impacted chemical companies as well as those in other sectors. Factors behind this torrid activity include bolstering growth, strong cash flow, cheap debt, synergies,...

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