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  • Renewable Energy Group Outperforms Expectations [View article]
    The EPA ruling doesn't look to be having a major impact on the stocks. It just prolongs the uncertainty. I would imagine the tax credit will carry a greater impact. This ruling does however give the Republicans plenty of ammo to use in its battle against the EPA.
    Nov 22, 2014. 08:38 AM | Likes Like |Link to Comment
  • Understanding Ethanol Economics: It Will Make Your Eyes Bleed And Blood Boil [View article]
    Yep, could have told you this. A 2 year old could have understood the flaws in the EPA's approach. Unfortunately the EPA doesn't seem to have many 2 year olds on staff.

    Ambiguous Course

    The delay “is a gross dereliction of responsibility that leaves fuel refiners and the biofuels industry alike to navigate a course of ambiguity,” said Charles Drevna, the president of the American Fuel & Petrochemical Manufacturers.

    The group, which represents companies including Exxon Mobil and Chevron Corp. (CVX:US), also said it will sue the EPA for failing to issue the targets by last November, as required.

    “Being unable to issue the 2014 blending requirements until after the close of the year underscores the fact that this government program is broken,” Angelia Graves, a spokeswoman for Marathon Petroleum Corp. (MPC:US) in Findlay, Ohio, said in an e-mail. “Legislative action is required to either completely eliminate the RFS or significantly overhaul it.”
    Nov 22, 2014. 08:32 AM | 2 Likes Like |Link to Comment
  • Farmland Bubble: Fuel Prices May Trigger Collapse [View article]
    From the Fed:

    The Federal Reserve warned in January that corn prices, then around $4.28 a bushel, won't cover farmers' anticipated cost of raising the crop this year. Prices have since climbed to about $4.40 a bushel, compared with about $8.31 in August 2012.

    Soybeans, the nation's No. 2 crop, have also lost value. Meanwhile, with the Fed scaling back its stimulus efforts, buyers of U.S. farmland face the prospect of higher interest rates after years of cheap borrowing.

    The shifts have forced farmers to recalculate the value of productive land. Greg Plunk, a third-generation Illinois farmer who added 80 acres to his farm over the past two years, said he would be more careful with further purchases. "Profits will be tighter, there's not going to be near the returns, and guys will have to be careful how much expenses they've got into an acre," said Mr. Plunk, 53 years old.

    Falling land prices could cause economic ripples, curbing farmers' ability to borrow money to buy new acreage, crop supplies or machinery. Land secures many of those loans. Mark Jensen, chief risk officer at Farm Credit Services of America, said half of its $20 billion portfolio consists of real-estate loans secured by farmland. As credit quality deteriorates, farmers will use more land as collateral, he said.
    Nov 22, 2014. 08:23 AM | Likes Like |Link to Comment
  • Will The 'Green Economy' Trigger The Next Global Financial Crisis? [View article]
    News from the Fed:

    The Federal Reserve warned in January that corn prices, then around $4.28 a bushel, won't cover farmers' anticipated cost of raising the crop this year. Prices have since climbed to about $4.40 a bushel, compared with about $8.31 in August 2012.

    Soybeans, the nation's No. 2 crop, have also lost value. Meanwhile, with the Fed scaling back its stimulus efforts, buyers of U.S. farmland face the prospect of higher interest rates after years of cheap borrowing.

    The shifts have forced farmers to recalculate the value of productive land. Greg Plunk, a third-generation Illinois farmer who added 80 acres to his farm over the past two years, said he would be more careful with further purchases. "Profits will be tighter, there's not going to be near the returns, and guys will have to be careful how much expenses they've got into an acre," said Mr. Plunk, 53 years old.

    Falling land prices could cause economic ripples, curbing farmers' ability to borrow money to buy new acreage, crop supplies or machinery. Land secures many of those loans. Mark Jensen, chief risk officer at Farm Credit Services of America, said half of its $20 billion portfolio consists of real-estate loans secured by farmland. As credit quality deteriorates, farmers will use more land as collateral, he said.
    Nov 22, 2014. 08:18 AM | Likes Like |Link to Comment
  • Consequences Of A Farmland Bubble, And Who Gets Hurt When It Bursts? [View article]
    More News:

    The Federal Reserve warned in January that corn prices, then around $4.28 a bushel, won't cover farmers' anticipated cost of raising the crop this year. Prices have since climbed to about $4.40 a bushel, compared with about $8.31 in August 2012.

    Soybeans, the nation's No. 2 crop, have also lost value. Meanwhile, with the Fed scaling back its stimulus efforts, buyers of U.S. farmland face the prospect of higher interest rates after years of cheap borrowing.

    The shifts have forced farmers to recalculate the value of productive land. Greg Plunk, a third-generation Illinois farmer who added 80 acres to his farm over the past two years, said he would be more careful with further purchases. "Profits will be tighter, there's not going to be near the returns, and guys will have to be careful how much expenses they've got into an acre," said Mr. Plunk, 53 years old.

    Falling land prices could cause economic ripples, curbing farmers' ability to borrow money to buy new acreage, crop supplies or machinery. Land secures many of those loans. Mark Jensen, chief risk officer at Farm Credit Services of America, said half of its $20 billion portfolio consists of real-estate loans secured by farmland. As credit quality deteriorates, farmers will use more land as collateral, he said.
    Nov 22, 2014. 08:17 AM | 2 Likes Like |Link to Comment
  • Expect Corn And Other Food Prices To Continue To Fall [View article]
    The Federal Reserve warned in January that corn prices, then around $4.28 a bushel, won't cover farmers' anticipated cost of raising the crop this year. Prices have since climbed to about $4.40 a bushel, compared with about $8.31 in August 2012.

    Soybeans, the nation's No. 2 crop, have also lost value. Meanwhile, with the Fed scaling back its stimulus efforts, buyers of U.S. farmland face the prospect of higher interest rates after years of cheap borrowing.

    The shifts have forced farmers to recalculate the value of productive land. Greg Plunk, a third-generation Illinois farmer who added 80 acres to his farm over the past two years, said he would be more careful with further purchases. "Profits will be tighter, there's not going to be near the returns, and guys will have to be careful how much expenses they've got into an acre," said Mr. Plunk, 53 years old.

    Falling land prices could cause economic ripples, curbing farmers' ability to borrow money to buy new acreage, crop supplies or machinery. Land secures many of those loans. Mark Jensen, chief risk officer at Farm Credit Services of America, said half of its $20 billion portfolio consists of real-estate loans secured by farmland. As credit quality deteriorates, farmers will use more land as collateral, he said.
    Nov 22, 2014. 08:16 AM | Likes Like |Link to Comment
  • Understanding Ethanol Economics: It Will Make Your Eyes Bleed And Blood Boil [View article]
    Even the renewable fuel industry agrees the EPA is completely incompetent:

    “I am truly pleased that they’re pulling away from a rule that was so bad,” said Bob Dinneen, president and CEO of the Renewable Fuels Association, a trade group representing biofuels companies. “But I recognize as well we have to work with the agency to try to figure out a path forward that everybody can live with.”

    Executives in the oil-refining industry criticized the delay, and said it was evidence the renewable-fuel standard was itself inherently flawed and should be repealed.

    “Each year is dependent upon the previous year, and to some extent dependent upon the following year,” said Charlie Drevna, president of the American Fuel & Petrochemical Manufacturers, a trade association representing the nation’s refining industry. “The problem is, every year EPA is late in getting this out, it exacerbates it. They’re never going to be able to catch up.”

    http://on.wsj.com/1vyU6I1
    Nov 22, 2014. 08:11 AM | 2 Likes Like |Link to Comment
  • Farmland Bubble: Fuel Prices May Trigger Collapse [View article]
    Here are some recent headlines:

    Potential fall of farmland prices sparks fears of a bust
    http://bit.ly/1vyQKF5

    Falling Property Values Hint at Trouble on the Farm
    Plummeting Prices for Corn Are Threatening a Yearslong Boom for U.S. Growers
    http://on.wsj.com/1vyQN3L
    Nov 22, 2014. 07:50 AM | Likes Like |Link to Comment
  • Consequences Of A Farmland Bubble, And Who Gets Hurt When It Bursts? [View article]
    Looks like this was a pretty prophetic article:

    Potential fall of farmland prices sparks fears of a bust
    http://bit.ly/1vyQKF5

    Falling Property Values Hint at Trouble on the Farm
    Plummeting Prices for Corn Are Threatening a Yearslong Boom for U.S. Growers
    http://on.wsj.com/1vyQN3L
    Nov 22, 2014. 07:48 AM | 1 Like Like |Link to Comment
  • Will The 'Green Economy' Trigger The Next Global Financial Crisis? [View article]
    Potential fall of farmland prices sparks fears of a bust
    http://bit.ly/1vyQKF5

    Falling Property Values Hint at Trouble on the Farm
    Plummeting Prices for Corn Are Threatening a Yearslong Boom for U.S. Growers
    http://on.wsj.com/1vyQN3L
    Nov 22, 2014. 07:47 AM | Likes Like |Link to Comment
  • Understanding Ethanol Economics: It Will Make Your Eyes Bleed And Blood Boil [View article]
    This is truly unbelievable. This takes incompetence to an entirely new level. This is sure to invite the wrath of the Republicans. This is truly unbelievable.

    The U.S. Environmental Protection Agency today will abandon its proposed rule setting renewable-fuel targets for 2014, according to people familiar with the decision.

    The EPA plans to instead propose standards for 2014, 2015 and 2016 next year, according to an administration official who requested anonymity. The EPA could waive the requirements for 2014 altogether or accept whatever has been produced as meeting the mandate.

    The EPA is about a year late in setting the quotas for ethanol and other renewable fuels for 2014, and with less than six weeks left in the year, blenders and producers had already mostly set plans for using those fuels.

    http://bloom.bg/11CW0Km
    Nov 21, 2014. 06:26 PM | 1 Like Like |Link to Comment
  • GOP Hearings On Climate Change May Threaten Entire Green Economy [View article]
    This is truly unbelievable. This takes incompetence to an entirely new level. This is sure to invite the wrath of the Republicans.

    The U.S. Environmental Protection Agency today will abandon its proposed rule setting renewable-fuel targets for 2014, according to people familiar with the decision.

    The EPA plans to instead propose standards for 2014, 2015 and 2016 next year, according to an administration official who requested anonymity. The EPA could waive the requirements for 2014 altogether or accept whatever has been produced as meeting the mandate.

    The EPA is about a year late in setting the quotas for ethanol and other renewable fuels for 2014, and with less than six weeks left in the year, blenders and producers had already mostly set plans for using those fuels.

    http://bloom.bg/11CW0Km
    Nov 21, 2014. 06:24 PM | Likes Like |Link to Comment
  • Farmland Bubble: Fuel Prices May Trigger Collapse [View article]
    This is truly unbelievable. This takes incompetence to an entirely new level.

    The U.S. Environmental Protection Agency today will abandon its proposed rule setting renewable-fuel targets for 2014, according to people familiar with the decision.

    The EPA plans to instead propose standards for 2014, 2015 and 2016 next year, according to an administration official who requested anonymity. The EPA could waive the requirements for 2014 altogether or accept whatever has been produced as meeting the mandate.

    The EPA is about a year late in setting the quotas for ethanol and other renewable fuels for 2014, and with less than six weeks left in the year, blenders and producers had already mostly set plans for using those fuels.

    http://bloom.bg/11CW0Km
    Nov 21, 2014. 06:23 PM | Likes Like |Link to Comment
  • Bottom In Gold Likely To Be Below $770 [View article]
    Another video picking $700 as the bottom. It seems that every other day analysts are targeting $700 as the likely target for gold.

    http://yhoo.it/1t61K6I
    Nov 19, 2014. 06:04 PM | Likes Like |Link to Comment
  • Bottom In Gold Likely To Be Below $770 [View article]
    Russia looks to be manipulating the gold market...for now. Russia has been boosting its gold reserves during a time when they are almost certain to have to become net sellers of gold. Sanctions, collapsing Ruble and cheaper oil will almost certainly eventually force Russia to start selling their gold.
    http://yhoo.it/1xqQvfL

    Putin even admits they are headed for some tough times.
    http://yhoo.it/1xqQvfN

    A stronger $ and deflationary fears spell bad news for Gold.
    http://yhoo.it/1yFk1eK

    Gold is likely headed lower:
    http://yhoo.it/1B5iIex

    Another analysts puts Gold around $700.
    http://yhoo.it/1yyWmwl

    Personally I'll likely be using this bear market rally in gold to swap my short gold position into the short silver position.
    Nov 15, 2014. 06:49 AM | Likes Like |Link to Comment
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