Tuesday, April 9, 2013

April Conab

Soy  81.94 mmt

Corn total  77.45 mmt (wow)

Details sent to subscribers

China and Nova Mutum ethanol

I doubt this will become reality.

If it does, it will be a small mill.

I think Lucas do Rio Verde large corn mill has
better chances.


http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20018036875&pubid=ag072

Brazil - China's CHMC seeks farmers to back $20 mln corn to ethanol plant

Tuesday April 09 2013
China National Heavy Machinery Corp. (CHMC), the Beijing-based developer of industrial facilities and warehouses, is asking Brazilian farmers to invest BRL40 mln ($1 = BRL2.58) in a corn-ethanol plant that will help diversify their revenue. CHMC is seeking to start construction next year in Nova Mutum in Mato Grosso state, official sources said.
The proposed plant will process 400 tonnes of corn a day, which would translate into around 50 mln litres of ethanol a year.

Monday, April 8, 2013

Conab

Conab monthly report Tuesday morning.

I will send out highlight report to subscribers.

I will be going to Agrishow April 29th.

Weather remains ideal for 2nd crop corn
and sugarcane development for 2013.

Friday, April 5, 2013

Red River Valley net farm income


This past year was one for the record books. Northland Community and Technical College dean of management education Ron Dvergsten reviewed the 2012 Red River Valley farm business management records this morning in Crookston. Net farm income for farms in the Red River Valley averaged nearly $538,000 in 2012, an increase from $230,000 in 2011. Looking ahead, Dvergsten said the situation could be much different in 2013.


Impressive numbers for nothern plains.

Once in a lifetime lining up of the 7´s

Argentine corn to NE Brazil to aid drought relief

Looks like Brazil govt is going to purchase
Argentine corn and ship it to the NE of Brazil
where chronic drought continues.

There simply are not enough trucks to
be diverted from soybeans to haul
Brazil corn.

If they wait until June- it will be too
late for many herds.

Argentine corn is the least worst option
at the moment.

Old lady

http://en.mercopress.com/2013/04/04/the-old-lady-is-worse-than-the-cross-eyed-man-says-president-mujica?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss

Open Mic