Mr. Joe Victor

Business Development Specialist, Minneapolis Grain Exchange Inc.

Member of the Natural Resources Council

Council Member Biography

Joe Victor is a Business Development Specialist with Minneapolis Grain Exchange (MGEX), the principal market for hard red spring wheat. Previously he was Vice President at Allendale, one of the largest commodity research advisory firms in Mid-America and one of the brokerage firms that develops its own research. Mr. Victor was responsible for conducting research on grains and livestock in order to provide the worldwide data needed to inform and guide their clients, who are predominantly Class A farmers. He has experience in conducting historical, statistical, and analytical research on the agriculture industry (grains and livestock) and providing consultancy on trading services in agriculture, natural gas, and precious metals industries. (This is me - Update Profile)

Employment History

2010 - Unspecified: Business Development Specialist, Minneapolis Grain Exchange Inc.
1991 - 2010: Vice President, ALLENDALE INC

GLG News^SM Analyses by Joe Victor

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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,

2009 is the One Other Year

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.

First Insight into 2011-2012

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?

Quarterly Grain Stock Records

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.

Durum Wheat Plantings

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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GLG Study Groups with Joe Victor(?)

Study Group Name	No. Members
Pet Care Experts	343
Ethanol Experts	246
Council Members who are Knowledgeable about Ethanol	213
Fertilizers Experts	209
Alternative Energy Experts (North America)	169