News Clips June 23, 2011
Inventories of Butter at the end of May were reported to have increased by 28 million pounds or +20% from the month prior. Total inventories at 170,413,000 pounds is still however 20% below the same time last year. It was also reported during this ...
Rumors of China buying over 1 million tons of domestic Corn and actual reports of Japan purchasing 300,000 tons of feed grain Corn yesterday supported the futures comeback. Japans purchase was for old crop supplies with delivery deadlines between July an...
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As we enter the political phase of the now 3 year old economic crisis, financial risks more than ever will depend on policy-makers actions or lack thereof. Global Industrial data has slowed over the past 6 months as a result of spiking input costs and ...
May 2011 Milk production in the 23 selected states totaled 16 Billion pounds, up 1.5% vs last May. Production per cow in the 23 states averaged 1,899 pounds per cow during May, 6 pounds per month above last year. Number of milk cows in these 2...
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As of last trade, July Corn futures are down 85.25 cents per bushel from last Fridays record high. The selling has arrived directly in the face of slashed 2011/2012 ending stocks, ongoing midwest flooding and the defeat of efforts to erase ethanol ta...
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