GLG News by Wheat Pricing Trend Experts

Gary DrimmerChief Executive OfficerWorld Ag Associates LLC

Moderate Drought Now Impacting US Soybeans After Run Up in Corn and Wheat

August 18, 2011

Analysis of:U.S. Drought Monitor August 16 | droughtmonitor.unl.edu

Soybeans are in their pod filling stage. For the past 3 weeks there has been an area impacting some of Iowa, Illinois and Indiana with "abnormally dry" to "moderate drought". This will have an impact on yields.

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.

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.

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.

Page : 12345678910Next1 to 10 of 678