Midwest Inventories Show SMALL Build, BEHIND Last Year
Posted on July 2, 2014
I wrote an item two weeks back that compared our inventory builds in the Midwest.  Here was some of that item, shown in italics: Here is what we saw one year ago on the...
Iraq, Oil Markets & the US Economy
Posted on June 25, 2014
I regularly follow the writings  James Hamilton, Economics Prof at UCSD. He put something out recently on Iraq Oil & the US Economy.  I think it’s worth your time to give it a read. ...
Iraq, Corn Harvest, End of the Drought & More
Posted on June 24, 2014
WHY SHOULD YOU PAY CLOSER ATTENTION TO IRAQ:  I came across this item this morning via one of the crop/weather twitter accounts I follow on a regular basis: Assume the following:  –The World produces...
Midwest Builds Slowing Down?
Posted on June 18, 2014
I was surprised to see the Midwest showing a flat inventory number today…the Gulf had another strong build at +1.5. In talking with some folks, there has been a growing sentiment that inventories are...
Corn Crop Looks Great, El Nino More Likely
Posted on June 10, 2014
The Corn and Soybean Crops look very, very good: “The USDA estimated corn emergence at 92%, a 12% increase from last week and 2% ahead of the five-year average. In speaking with farmers around...
Heading for Another 1994 Corn Harvest?
Posted on June 5, 2014
One of my favorite things related to the ‘territory’ NGL lets me cover is that I get to talk to retail owners and managers from Florida, to Ohio to Iowa and all parts in...

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