GLG News by Potash Mining Experts

Facts provide insight into how much corn must be produced in the long run. Knowing the facts provides a better understanding of how many acres, fertilizer demand and seed technology is required.

Despite increasing world grain and oilseed production, demand continues to strain inventory for corn and world vegoils.

Ethanol was---and is---designed as an additive for gasoline for motor fuel use.  To suggest that its use in lawnmowers and leaf blowers is threatening the future of ethanol as a motor fuel is disingenuous at best.

1. BP's plight, reminds us, once again, that even multinationals can't afford to jump into a business venture in a foreign country without understanding the "unwritten rules". 2. Once you're in the foreign country, there is much more work involved than adhering to the contract. I am sure that the UK...

The effects of late planting, cool-wet soils in May, and flooding in June can't be overcome by favorable weather in July and August.  USDA's yield and production estimates may well turn out to be on the optimistic side when we finally get the crop in the bin.

The request for a partial waiver in the RFS by Texas Gov. Perry is likely to be denied, largely due to a 25% reduction in corn prices caused by favorable weather in the Midwest.  This corn crop, however, will be extremely difficult to get an accurate estimate on prior to getting it out of the field,...

So far, we have seen a lot of posturing on both sides. AAR postured with the working visas, BP is now posturing with pulling out the technical staff. AAR consisting of Kremlin friendly oligarchs, who probably wish that they could end up like Abramovich (their company sold for a decent value and they...

The significance of the Pickens Plan is mostly in the departure from the traditional thinking of the administration and most of the population, in the sense that alternative fuels might be recognized faster as acceptable fuels - for cars, heating, energy generation etc.

Changes in the ethanol production subsidy and import tariff would be an excellent way to moderate the increases in the short-term price of corn, easing the pain for the US livestock industry.  But any change in these policies will have long term impacts on the biofuels sector.   These changes...

Brazil has made requests directly to President Bush (on his trip to Brazil last year) to remove the tariff.  Won't happen.  Of the 177 US ethanol plants now operating or nearing completion, the vast majority are farmer coop owned.  The high price of corn (inputs) makes the crush spread...