Dent to corn prices from bird flu 'overdone', says Morgan Stanley
The dent to corn prices from bird flu may have been "overdone", Morgan Stanley said, citing the relatively low infection rate so far in the US poultry flock - and the greater exposure of soymeal to the outbreak.
We see the near-term risks to corn prices as balanced," Morgan Stanley said, citing on the price positive side "strong demand and the need to maintain acreage".
Furthermore if sentiment were to shift, this would generate huge correction potential" for grain prices.
seems the only trading is the old shorters now covering and the new shorters trying to squeeze out a little more..
actual buying could happen soon
of $2.20 to $2.30 not they're up to say 2.55 so 2.25/2.55 or roughly 13% increase so todays pop ,so far of 7% not enough to meet the earnings increase so expect more. I might roll my sold calls up to 45's
keep in mind citi was the outfit that called it a buy in Oct of 2014 and then it crashed 40% or so then after it crashed in Feb of this year they reduced it to nuetral...so now that its picked up from their Feb downgrade they upgrade it back to buy. Boy these guys must be smokin something.
Finally with this upgrade, if you want to call it that, the are probably finally correct in their "call"
$25 is a nice stepping off point. Many recall the share price was $35 in 2013 so $25 is spit.
Lets hit the $25 and hope for macro conditions favoring nice margins
here is the link showing TRP and there are many others showing the same
whatever, do something to help the share price down another 7 plus percent today.
Who the heck cares what Maria Shriver thinks ?
Put Arnold on then you'd get some attention
Following the APL Merger, each APL investor of record as of the close of business on Friday, February 27, 2015 will receive 0.5846 units of TRP and $1.26 in cash for each APL unit owned.
good day today in the top 5 and the ones above us are either in China or driller (enrj)
Industry Top Performers
Intraday Price Performance % Change Market Cap
EnerJex Resources, Inc. (NEW) C [ENRJ] +8.46% $22.5 M
SHANGHAI PECHEM [0338.HK] +5.58% $0
SINOPEC Shangai Petrochemical C [SHI] +5.50% $3.7 B
CVR Refining, LP Common Units R [CVRR] +5.08% $2.9 B
Alon USA Partners, LP Common Un [ALDW] +4.65% $1.1 B
was she a new gal from the fry smelling one of feb 9 ?
You should find one that smells like a burger then you'd have your burger and fries which is the way its supposed to be
yet the last report read as follows
CVR Partners also announced today a fourth quarter 2014 distribution of 41 cents per common unit. The distribution, as set by the board of CVR GP, LLC, the general partner of CVR Partners, will be paid on March 9, 2015, to unitholders of record on March 2, 2015.
So March 2,2015
Dividend Date3: Mar 9, 2015
Ex-Dividend Date4: Feb 26, 2015
yet the earnings release indicated The distribution will be paid on March 9, 2015, to unitholders of record on March 2, 2015.
so either 2-26 or 3-2 i guess you can take your pick
not sure they would have said
“Even with this planned downtime, we expect 2015 will be a beneficial year for the partnership and its unitholders.”
if they envisioned a PPS of $15
Know wat im sayin ?
We are pleased to report solid results across the board for the 2014 fourth quarter, which included some of the highest production and operating rates of the year," said Mark Pytosh, chief executive officer.
posted a net loss attributable to shareholders of $514.2 million, or $2.52 per share, for the fourth quarter ended Dec 31.