Tag Archives: DBA
Soybean rally may hit a speed bump this morning
The USDA could give commodity traders an excuse to take profits in soybean contracts this morning — or push the recent bull run to new levels.
State of grain: Putin putting pressure on prices
Shifting consumption patterns and recovering harvests are giving Russian farmers more wheat and corn to sell overseas, and if Vladimir Putin is on the money, the final export numbers should help make up for drought conditions elsewhere.
China is still buying a lot of corn, but are they hungry?
China’s grain output hit record highs in 2011, and senior officials vow that the country will continue its pace of grain imports at appropriate levels to meet its rapidly expanding hunger for foreign produce.
Deeper ports needed for U.S. exports; can railroads be far behind? (MGDDF, BAMXY, BRK-A, DBA, SEA)
Better shipping facilities in the United States are needed to meet the demand for American products in emerging market countries and other areas, according to George Will in a recent syndicated column in The Washington Post and other papers, “Deeper Ports should not have to wait a decade.”
Corn is now too precious for ethanol subsidies (CORN, DBA, POT, CZZ)
And they said it couldn’t be done: a $20 billion a year tax credit for ethanol has ended in the United States. Sometimes the American political system does work, even when losing the subsidy directly hurts Iowa farmers in an election year.
Be ready for tomorrow’s agricultural report (DBA, POT, MOS, CORN)
Tomorrow they will be talking a lot about La Nina and whether China has leaned too far in the direction of corn to grow enough soy. The entire agricultural group could be in play depending on how the numbers stack up.
Africa is huge opportunity for agricultural companies (MON, SYT, DBA)
Afirca’s emerging middle class presents a massive new marketplace for biotech companies such as Monsanto (MON, quote) and Syngenta (SYT, quote). The profit potential for these stocks has been detailed on previous articles on www.emergingmoney.com
