GLG News by Ammonium Phosphate Experts

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

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,

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

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.

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

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?

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

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.

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

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.

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

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.

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

Two Commodities:

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.

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

12.5 Percent of the Time

May 6, 2011

Analysis of: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.

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

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.

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc.

Spring 2011, Similar to 1996

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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