Agman

3 Comments

    • Coming Soon: Global Corn-for-Sale Signs [view article]
      "Stocks will go up unexpectedly" -- How does that happen when it takes months to grow and harvest a crop? It doesn't. It would be nice if some of you posters would understand how the markets work before you put up an opinion. What countries make up over 90% of the corn trade-- the US at 63%, Argentina at 15% and Brazil at 11%. India is not a player in the corn market. And China used to be the seond largest exporter, but now has stopped its exports out of concern for supplies in the years ahead. Where did all of Chinas customers go? To the US. Small local farmers worldwide cannot grow any signficant amounts of corn and certainly cannot supply the world export market. Stop putting out bad opinions and deal with facts of the market.
       May 14 09:48 AM
    • Coming Soon: Global Corn-for-Sale Signs [view article]
      One other item -- world coarse grains are going from stocks of 165 Mil MT in 2006 and 134 this year to 127 next year. Even more scary -- world corn stocks are going from 125 Mil MT in 2006 and 109 this year to 99 next year. This is a shrinking buffer stock environment and growing demand -- making commodity prices more expensive, not less. Mr. Lahens is providing partial information because he is long PEIX. As I stated before -- pathetic.
       May 13 05:23 PM
    • Coming Soon: Global Corn-for-Sale Signs [view article]
      You have to be kidding me. This is a pathetic analysis. Overall corn stocks will be falling in 2009 to one of the lowest levels in 30 years, despite lower ethanol than initially projected this year, lower feed use and even lower exports next year (which should be questioned as China is exiting the export market and someone -- read the US -- will haveto provide those exports.) With the current planting pace, poor emergence levels and plenty of weather risk to factor in, corn prices are not going to go down much, if at all, and may go much higher in the next several months. May 13 05:11 PM
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