GLG News by Agriculture Experts

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

Gulf Oil Spill Crisis, Active Hurricane Season Interaction & Industries Affected

May 28, 2010

Analysis of:Storm: Hurricane Outlook, Oil Spill A Possible Double Whammy For Gulf | www.therepublic.com

With the biggest oil spill ever, the Gulf of Mexico appears headed for a double whammy with the forecast of an "active to extremely active" hurricane season.  There's been much speculation about what might happen should a hurricane pass through the massive oil slick.  A hurricane could move oil through a storm surge and pushing oil-dispersant toxic 'aerosol' well inland with flooding rains.  What industries could be eventually impacted?  How DID the spill happen in the first place?

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

Relaxing Rules On Iceland Volcano Ash Clouds: Clearly Putting Money Over Safety

May 19, 2010

Analysis of:Britain Joins Ireland to Relax Rules on Ash Clouds | www.nytimes.com

Britain and Ireland have relaxed the rules governing the closure of their airspace due to volcanic ash.  The "new zone" now allows airlines to fly through areas where ash density exceeds the maximum threshold agreed to by European governments last month.  The volcano will likely continue to periodically steer its ash southeastward over Europe.  No engine modifications have been made.  Nothing has changed except the degree of safety has been lowered.  Clearly, money (lost) is being put first.  

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

Corn and Soybean Demand, Yes

May 19, 2010

Wheat demand is losing ground in the US and the potential for corn and soybean demand for inputs is on the rise.

Simon AtkinsCEO, Senior Industrial Disaster Threat ForecasterAdvanced Forecasting Corporation

Gulf Oil Rig Disaster -- Grossly Underestimated; Watch Tanker & MS River Traffic

May 11, 2010

Analysis of:Oil spill In Gulf Of Mexico: In Maps And Graphics | news.bbc.co.uk

Much of Louisiana's coastline will see oil come ashore going forward as SE winds up to 30 mph will carry the slick in expanding amorphous circles.  Seas of 5-6 feet will dramatically lower the efficiency of booms.  The oil will very likely go along the SW Pass entrance to the Mississippi River and further west, south and east as winds switch direction and the oil amount will likely continue to increase in size.The impacts have only been one percent of the situation this is likely to become.

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

Corn Ethanol and High Fructose Corn Syrup

May 6, 2010

Corn use for HFCS is trending less but ethanol demand continues to grow.There are those which know how to do it and those which do not.Adjustments are being made to both ethanol and HFCS companies.

Gary DrimmerChief Executive OfficerWorld Ag Associates LLC

El Nino off Peru and Chilean Earthquake Push Fishmeal to Record High

April 27, 2010

Analysis of:Fishmeal prices at all-time high after supply squeeze | www.ft.com

Fishmeal prices have surged in the past year to a record high of $1937 a metric ton, or over 85% in the last year, impacting aquaculture and piglet feeds around the world. The increase in fishmeal prices also supports the price of soybean meal and corn gluten meal.

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

China's Corn Feed Demand

April 21, 2010

What impact could China's importation of DDGS from the US have on the corn industry?

Gary DrimmerChief Executive OfficerWorld Ag Associates LLC

Icelandic Volcano Could Impact European Crops- Repeat of 1783 Famine

April 16, 2010

Analysis of:Iceland volcano unlikely to slow global warming: Scientists | www.vancouversun.com

The eruption of the volcano system at the Eyjafjallajokull Glacier in Iceland has been impacting flights in northern Europe. The eruption to date is not enough to impact the outlook for crops in Europe, but if it were to continue to blow for the next few months, European supplies of wheat and oilseeds could be seriously impacted effecting world prices and major companies' results.

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

Corn Acres from March to June

April 7, 2010

Who benefits from potentially larger corn acres in 2010?Can acres increase from March "prospective" to June "planted acres"?

Gary DrimmerChief Executive OfficerWorld Ag Associates LLC

Fat Lady Singing As CF Industires Finally Set To Acquire Terra Industires

March 12, 2010

Analysis of:CF Industries, Terra strike $4.7B deal | www.chicagobreakingbusiness.com

For the past year there has been a war going on with bids in the fertilizer sector. CF Industries was after Terra, while Agrium made a hostile bid for CF Industries. Neither Terra nor CF Industries were interested in being acquired, unti...

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