GLG News by Biofuels Experts

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?

Jay ThompsonPresident and General ManagerTransportation Business Associates

Yellow-Roadway (YRC) Going Back To Court On ABF “Labor / Cost” Suit

July 11, 2011

The Arkansas Best Corporation suit against YRC Worldwide Inc and the Teamsters is back on the docket. The suit is regarding concessions given to YRC by the Teamsters to keep YRC in business - and not to ABF under the same contract. ABF’s contention is that this is not fair contractually - and it costs them in their business. Regardless, this is not good news for YRC from several aspects.

Jay ThompsonPresident and General ManagerTransportation Business Associates

Mexico Cross-Border Trucking Program Signed Into Reality - Without Fanfare

July 6, 2011

Analysis of:ALERT: U.S., Mexico sign cross-border trucking program | fleetowner.com

In a relatively low key visit this week in Mexico City, US Transportation Secretary Ray LaHood and his Mexican counterpart signed the cross-border trucking agreement allowing Mexican trucks to haul freight beyond the commercial zones in the US. What does it mean? Mostly it will eliminate Tariffs on Southbound goods that will help US exporters - and get rid of the NAFTA issue left from the Clinton administration. We won’t see many Mexican trucks plying the US highways – here are some reasons why.

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.

Jay ThompsonPresident and General ManagerTransportation Business Associates

We Need To Regulate (Throttle Down) The Regulators

June 21, 2011

The Information Age has led to tremendous productivity gains in every aspect of our lives - and in the logistics world. We have just seen the tip of the iceberg of what will come. In our and other's view, it seems to have also accelerated the Federal / State Government regulator's notion that - if it's interesting data, let's figure out how to put a rule, regulation and fee around it.

Gary DrimmerChief Executive OfficerWorld Ag Associates LLC

Ethanol & Corn:Senate Tells Industry To Grow Up After Over 30 Years Of Subsidies

June 19, 2011

Analysis of:Senate votes to end US ethanol tax credits on July 1, rejects McCain amendment against blender pumps | biofuelsdigest.com

The US Senate last week approved to eliminate the blending tax credit and to open the market to Brazilian ethanol effective July 1st. This is not going to happen that quickly or completely, but something is going to happen soon.

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.

Gary DrimmerChief Executive OfficerWorld Ag Associates LLC

The Eastern Corn Belt Will Tighten Belt Next Year Without Corn

May 31, 2011

The wet spring has pushed back total seeded acreage of corn to where it will be impossible to have the high yield and large acreage needed to replenish inventories. In the Eastern Corn Belt delays in planting corn will force farmers to plant soybeans, if they can ever get into the field.

Jay ThompsonPresident and General ManagerTransportation Business Associates

US Truck Manufacturer "Orders Versus Deliveries" Numbers

May 30, 2011

North American (NA) Class 8 truck "orders" continue to show almost record numbers, which some don't think reconciles well with the real deliveries to come, the true freight market and today's choppy economic marketplace. History and surveys of dealers and financiers give some insight into the disconnect - meaning orders versus trucks being delivered to truckers. Truck sales people are looking for financing everywhere, which leads to some upstarts making promises - but that's another story...

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