From ADM quarterly release their earnings from ethanol off the charts and corn sweeteners above average...Anyone hear of any other news?Thanks,dank
Australia output article;http://news.smh.com.au/breaking-news-business/industry-set-to-be-hit-by-yasi-20110201-1ac4v.html
dank,it is logical that the "Egypt-like' governments will subsidize moreof the food stuff for their people ( less imprt tax in Russia), Pakistan, India,...In general, the world needs to plant more, extract more resources to bring prices under control. But this takes a long harvest period to re-create ample inventory.
Thanks,Hey elahens, I have noticed in your posts that you are astute on international affairs...What do you hear regarding Egypt's export shipments such as oil and agricultural products? Are they being effected by current turmoil at the loading docks and or Suez canal...?Thanks,dank
FWIW:I heard on Bloomberg last evening that there could be a 25% shortage from Queensland due to the flooding. About 95 percent of Australia's sugar is produced in Queensland.