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Allendale Sells Remaining Cash Wheat Inventory
Allendale Inc projects 2008 World per capita consumption of Wheat at 169 pounds per person, which compares to year earlier levels of 173 pounds/person. Based on the world population this suggests the total consumption declining 443 million bushels. The
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Corn and Soybean Fundamentals
Corn Fundamentals: export demand remains positive. Demands for ethanol production has reduced profit margins and without subsides are likely running in the red. Old crop corn futures may be vulnerable to a wheat futures sell off. Allendale is aware of
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Is Sow Slaughter Increasing?
Quiet action for the most part during the trading day Monday at the CME. We would rather focus on the far deferred months, where sharp price declines were seen on the December and February contracts. Believe it or not the December contract is actually s
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