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Philippine corn's impressive supply side turnaround
Philippine corn's impressive supply side turnaround
Rising productivity, expanding meat demand and a wave of export-oriented foreign investment are turning around the Philippine corn sector's terms of trade.

After languishing in the late 2000s, the last few years have seen impressive increases in Philippine corn production. In the first quarter of 2013, the department of agriculture reported another record harvest of 2.2 million tonnes, up 10% from 2 million tonnes in 2012.
Thursday, May 16, 2013full story
Crop prices and market skepticism: A genuine downtrend ahead or a recycled springtime forecasting script?
Crop prices and market skepticism: A genuine downtrend ahead or a recycled springtime forecasting script?
Once again, a plausible but overly optimistic USDA forecast keynotes the second quarter. This time, the market reacts in a more realistic manner.
Tuesday, May 14, 2013
Trouble with the feed: Tight supplies as the USDA wrong sizes livestock's corn consumption
Trouble with the feed: Tight supplies as the USDA wrong sizes livestock's corn consumption
US government statistics are right-sizing themselves to ethanol production but fell even further behind the curve with respect to feed demand. Along with other statistical missteps, this has bullish market implications.
Friday, April 12, 2013
Microeconomic coincidences and statistical red herrings: Deconstruct the numbers and learn what really made corn's price dive
Microeconomic coincidences and statistical red herrings: Deconstruct the numbers and learn what really made corn's price dive
Corn crashes amid much confusion over actual causes. Don't let statistical red herrings blind you to the larger macroeconomic picture.
Thursday, April 04, 2013
Inelastic meat demand, America's corn import binge and the world market
Inelastic meat demand, America's corn import binge and the world market
Strong feed demand depleted a very poor harvest, making imports necessary for the first time in US history. What happens when a corn exporting superpower removes a competitor's supplies from the market and meat demand refuses to budge?
Monday, March 11, 2013
China Market Updates
  • Jebsen & Jessen Chemicals/NutriLife
  • Zagro Singapore
  • Impextraco N.V.
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