GLG News by Mr. Joe Victor, Business Development Specialist
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Tour Yields versus Actual Harvest Results
August 5, 2011
How does the Wheat Quality Council tour of hard red spring and durum yields compare to USDA January Annual yield results?Do remember the tour takes place while the hard red spring and durum wheat crops are still growing and USDA measures yield after the harvest,
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July 22, 2011
Does the low percent of Hard Red Spring wheat heading have an impact on end stocks to use and price? This present MGEX Weekly Wire discovered there was one other year when the percent of wheat heading was less and presents timely data.
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July 15, 2011
USDA did present the first details of supply and demand for Spring and Durum wheat in its July WASDE report. 2011-2012 end stocks to use for Durum wheat are tight and the second lowest dating back to 1995. What happened to the end stocks to use and futures when USDA released its subsequent January WASDE?
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July 6, 2011
Dating back to the 1975-1976 marketing year, two records were set when USDA released its Quarterly Grain Stock's report on June 30th, 2011.
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June 24, 2011
Durum Wheat (pasta) 2011 plantings are not going well. There are two states which plant the majority of the U.S. production. There are other nations which plant, use and export durum and you can decide if weather is a problem in 2011.
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Planted Acres instead of Prospective Acres
June 13, 2011
The USDA WASDE is different than USDA's prospective acres and planted acres. USDA's WASDE did cut corn acres on June 9. They have done it before. Does this suggest the June Planted Acres will be the same as the USDA WASDE? Find out by reading the following.
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May 20, 2011
Planting pace of spring wheat and corn are important but keep your eye of U.S. and world end stocks to use for price direction. Hedging is just as important as prospective farmer income.
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May 6, 2011
Report: Kansas wheat condition declines slightly | www.businessweek.com
Present Winter wheat conditions are unique when compared to preceding years. MGEX not only looked at what happened to those conditions as we move forward but the futures prices as well. You may be surprised at the outcome.
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Record Low Spring Planting Pace
April 29, 2011
The corn planting pace equals two other slow years. Find out within the article what happens to end stocks to use and the season average farm price.If it is record you seek then look no further than this years spring wheat pace of planting. We have detailed what happened in the previous low planting pace year.
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April 25, 2011
Too wet in the Northern Plains, too dry in the Southern Plains. MGEX found the closest year and what impact it had on prices. The impact on prices can mean dollars farmers have to invest in equipment, bins, seed, fertilizer and a host of other important items.
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The Feed Use Group is Blinking
April 15, 2011
When cattle feeders are using wheat rather than corn it is a matter of economics. The question is will USDA recognize this?
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April 8, 2011
USDA issues a weekly wheat crop conditions report. Read how this impacts prices on various exchanges through the harvest.
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March 29, 2011
The March Prospective Planted acreage report is a fair start but weather and other key drivers have to be considered throughout and into the January annual WASDE report.The target area is formed in March but the bulllseye goes beyond the June planted acreage report and into the January annual WASDE report.
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March 18, 2011
MGEX provides the specifics as to the importance to U.S. exports of wheat, corn and soybeans.MGEX also provides the specifics as to the daily consumption of these grains in Japan, end stocks to use and what is likely to rebound for Japan's importance.
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March 3, 2011
USDA unveiled its acreage assumptions for 2011 wheat, corn and soybeans. Much more important will be the March Prospective Plantings USDA report. You must include the three key drivers when making a choice.
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February 14, 2011
China allocates funds to fight drought | news.xinhuanet.com
MGEX looks at three items critical to China's drought on wheat. China had a drought in 2006 and then produced a record wheat crop. There is a great deal of perception versus reality for China's drought.
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February 3, 2011
Agricultural processing viewed as strategically important industry | law.by
There is more to North Africa other than Egypt. Certainly when it comes to wheat imports, Egypt is important, however there is another agriculture commodity Egypt imports. There are other countries which are located in North Africa which have a great interest in importing its needs of agriculture items.
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January 28, 2011
The demand for protein is doing well. We point out how much of the annual wheat, corn and soybean production in the U.S. is exported. We also point out just how the classes of wheat are doing.
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January 21, 2011
Wheat outlook satisfactory, but risks persist | www.thehindubusinessline.com
MGEX provides specifics as to what impact feed wheat is having on corn.
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January 14, 2011
New records for corn and soybeans for the 21st century established. Demand for U.S. wheat, corn and soybeans are strong.
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