GLG News by Council Members Knowledgeable on Animal Feed

Joe Victor, Business Development Specialist

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc. 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

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 Drimmer, Chief Executive Officer

Gary DrimmerChief Executive OfficerWorld Ag Associates LLC 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

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.

Joe Victor, Business Development Specialist

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc. 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

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.

Bill Manci, President

Bill ManciPresidentFisheries Technology Associates, Inc. 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

An aquaculture primer: a food production, investment, and conservation message

May 10, 2011

Aquaculture is the wave of the future. We grow our aquatic foods on fish farms, and at the same time preserve wild populations from decimation or extinction. Aquaculture has now come of age as an agricultural pursuit, and as a potential investment.

Joe Victor, Business Development Specialist

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc. 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

12.5 Percent of the Time

May 6, 2011

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 Victor, Business Development Specialist

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc. 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

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 Victor, Business Development Specialist

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc. 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

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.

Joe Victor, Business Development Specialist

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc. 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

The Feed Use Group is Blinking

April 15, 2011

When cattle feeders are using wheat rather than corn it is a matter of economics. The question is will USDA recognize this?

Joe Victor, Business Development Specialist

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc. 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Cop Conditions to Price

April 8, 2011

USDA issues a weekly wheat crop conditions report. Read how this impacts prices on various exchanges through the harvest.

Joe Victor, Business Development Specialist

Joe VictorBusiness Development SpecialistMinneapolis Grain Exchange Inc. 
          What is a GLG Leader?|The Gerson Lehrman Group&reg; (GLG) Leader Program<sup>SM</sup> is our premium Member Program<sup>SM</sup>. Those identified as GLG Leaders are in the top 5% of GLG CouncilRank and have an exclusivity agreement with GLG.

Prospective Planted Acres

March 29, 2011

The March Prospective Planted acreage report is a fair start but weather and other key drivers have to be considered throughout and into the January annual WASDE report.The target area is formed in March but the bulllseye goes beyond the June planted acreage report and into the January annual WASDE report.

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