Flood risk in US midwest is high for year 2013

Discussion in 'Commodity Futures' started by lx008, Apr 1, 2013.

  1. kanellop

    kanellop

    Hello Again to All.

    First i have to say,

    Nice New Month June 2013 to All.

    Now, i have to say,

    that finally Greece got and this Dosage from the International Monetary Fund ( IMF ).

    That happened late Friday with U.S.A local time.

    Also, i have to say that it is impossible to get out from my mind that something will happen finally.

    I have the "crazy" believe that want to "eat" Money here from the Deposit Money that exist in the local Banks.

    I believe that is a major target to some Guys something like that.

    Now, the Grains Markets of course working and never stops.

    Also, the Grains Production and Consumption never stops.

    I have collect some News even with bad psychological condition from all the above.

    Here are:

    1) Seems that in Brazil the Sugar Production will affect a lot the Ethanol and Corn:

    http://www.agrimoney.com/news/brazil-sugar-processing-fast---but-not-that-fast--5886.html .

    2) Here comes a Prediction for a huge drop in the U.S.A Corn Price,

    which i do not believe it:

    http://www.agrimoney.com/news/crop-price-falls-may-not-hurt-ag-sector-until-2014--5891.html .

    Exist also mention there for two U.S.A Corporations in Agricultural Machinery,

    Deere & Co. and Titan Machinery.

    I can say here,

    that i have a very big respect to the Deere & Co. Company,

    which is based in Moline, Illinois, U.S.A..

    In their Founder, John Deere:

    http://en.wikipedia.org/wiki/John_Deere_(inventor) ,

    likes me a huge these of His Words:

    "I will never put my name on a product that does not have in it the best that is in me."

    3) Here from nowhere comes the Chinese and bought an American Pork Company:

    http://www.agrimoney.com/news/smithfield-deal-wont-dent-china-corn-import-needs--5894.html .

    But haven't tell us that Chinese if have huge Production of Corn into China ?

    My small check here:

    http://www.dce.com.cn/PublicWeb/MainServlet ,

    says that the Corn into the Dalian Commodity Exchange ( China ) for July 2013 Delivery and for the Day 31th May, 2013,

    closed to 2395 Renminbies per Tonne.

    And how Cost that in USD ?

    Here:

    http://coinmill.com/CNY_USD.html#CNY=2395 ,

    says 387.57 USD per Tonne.

    Very "cheap" the Corn into China, i guess.

    And where can find an Agricultural Calculator someone for to make very fast comparisons with U.S.A Prices ?

    Here:

    http://www.cmegroup.com/tools-information/ag-calculator.html .

    4) Very big Grains Export potential from Ukraine & Russia but some troubles into Russia from the Weather:

    http://www.agrimoney.com/news/kernel-cautious-on-russia-ukraine-grain-exports--5892.html .

    5) Here we have, i believe, "positive theories" about the Grains Stocks of the Year 2013 - 2014 from the International Grains Council ( IGC ).

    But for the troubles from Wet and Cold Weather in U.S.A in the Plantation of Corn and Soybeans,

    plus the Wet and Cold Weather in the Plantation of Hard Red Spring Wheat in the U.S.A Northern Plains,

    plus troubles in Hard Red Winter Wheat U.S.A States,

    i have not listen seriously some Comments:

    http://www.agrimoney.com/news/world-grain-stocks-to-end-2013-14-at-four-year-top--5896.html .

    Some very serious Weather Comments exist here:

    1) http://www.dtnprogressivefarmer.com...&blogEntryId=8a82c0bc3e43976e013eebfa0a4b0687 ,

    2) http://www.dtnprogressivefarmer.com...&blogEntryId=8a82c0bc3e43976e013ef61557a006ee .

    Now, i can say that i have find something very interesting.

    It is relative with Charts and Maps from USDA.

    Someone very fast can go in the U.S.A State of interest and to see Charts and Maps for Crop Progress and Condition:

    http://www.nass.usda.gov/Charts_and_Maps/Crop_Progress_&_Condition/2013/index.asp .

    Very nice Job from USDA.

    Worth a lot these Charts and Maps, i guess.

    Now, let me bring the last News about Hay from Dyersville Sales Co.,

    from the very important U.S.A State of Iowa:

    -----

    Dyersville Sales Co.

    Hay Auction Market Report 5/29/13

    Receipts: 451 tons were sold. The market was weak to $20/ ton lower overall quaility was lower.

    Top $330 on several lots demand good for good hay. New crop ranged from $200-330/ ton on dry hay and $20-150/ ton on wet new crop.

    -----

    Did not exist Sales for the:

    Hay - Large Square

    Supreme , as i see.

    The Hay - Large Square

    Premium

    "hits" 300 USD - 330 USD per Tonne.

    I believe that Hay plus Conditions for Pasture and Range will play a significant role this Year too at least for U.S.A..

    After all these, i will stop somewhere here.

    Take Care.

    Respectfully Yours,

    George Kanellopoulos.
     
    #41     Jun 1, 2013