Wheat was the start of the futures rally
December 30, 2010
Many 2010 grain fundamentals may be used for the rally in prices. Here are what MGEX views as the most important.
Redone Revisited HOS Revisions - Time Rules Will Cost Truckers
December 28, 2010
Trucking industry unhappy with proposed drive time rules | www.thecitywire.com
Improved trucking profits come mostly from improved productivity - as in most businesses. Other regulations have direct equipment capital, computer-related and training costs, but the Hours-of-Service (HOS) rules affect utilization - the real driver of trucking profits.
Grain and Oilseed Ending Stocks
December 23, 2010
USDA is scheduled to release a multitude of reports on January 12, 20011. The list includes winter wheat seedings, annual WASDE, grain stocks on and off farm as well as ending stocks. For a preview of ending stocks, read this article.
December 20, 2010
Chicago corn extends gains on supply concerns | english.peopledaily.com.cn
Using trend supply, demand, yield, include Conservation Reserve Program, what level of acres will be required in 2011 just to keep endings stocks of corn, soybeans and wheat at present levels?
Navistar: Where Are The 2010 MaxxForce-powered Trucks - And How Are They Doin’?
December 16, 2010
2010-compliant Navistar Corporation MaxxForce 13 Exhaust Gas Recirculation (EGR) Class 8 trucks are hitting the road in limited quantities. The most anyone seems to have are JB Hunt with 300+ on the ground, Con-way Truckload with a hundred and few others, but many are having to wait for theirs. We are involved with smaller users, some with several dozen - and offer the following...
December 9, 2010
GRAINS-Corn, soy edge lower; wheat gains ahead of USDA | www.forexyard.com
Many items to anticipate for Friday include end stocks of grain, weather for Argentina and Australia and ultimately the spreads
Truck / Trailer “Requests For Financing” Offers Insights Into Higher Order Rates
December 9, 2010
Strong Class 8 orders bode well for trucking overall | fleetowner.com
The referenced article by Sean Kilcarr in Fleet Owner from earlier this week gives a good overview about the current increase in truck orders from the seasonal standpoint. We wrote a couple weeks ago (link) about financiers temporarily relaxing qualification standards to refill their portfolios with good credits - in order to help make their numbers look better. Here are some other issues to think about.
December 2, 2010
These are the present day facts and figures of China's comsumption, growth and imports of soybeans. Now is the time to know South American weather as pod fill approaches. It is all a matter of timing.
SWFT IPO Terms Released - With Even Better Potential Today Than Before
December 1, 2010
Swift Announces $942.6 Million IPO | www.truckinginfo.com
Swift Transportation’s IPO registration announced in July had the terms released yesterday. The 67.3MM shares at the expected $13-$15 will result in a $943MM raise - and a market value of $1.8B. Current revenue is estimated to be almost $2.2B with its 12,000+ company-owned trucks and almost 4,000 independent contractors. This looks good in spite of the reported loss last year…
Why Are New Trucks Sales Up? A Big Reason Is…
November 21, 2010
Financing availability is the key to ultimately swinging demand - and some think we are seeing a “clean-up the portfolio” bubble for better credits on the part of financiers. We agree and offer the following.
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012
It's too early in the game to write off Shtokman
December 8, 2011