Monthly Archives: August 2013

Egypt eyes 5-5.5 mln T of wheat imports in year to end-June 2014 – RTRS | News | Thomson Reuters Eikon 8/29/13

  Egypt eyes 5-5.5 mln T of wheat imports in year to end-June 2014 – RTRS 29-Aug-2013 08:11 CAIRO, Aug 29 (Reuters) – Egypt’s supplies minister said on Thursday the country targets wheat imports of 5 to 5.5 million tonnes … Continue reading

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US Wednesday high temperatures + August 1-28 % of normal rainfall 8/29/13

U.S. Maximum Temperature (°F) for 8/28/2013   U.S. Precipitation Departure (% Normal) for 8/1/2013 through 8/28/2013

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I read the NOAA maps included here as: Heat moves west next week, best rains are in northern ND, MN, WI, & MI for next 5 days, but most of corn belt has below normal rain for 6 to 10 days 8/29/13

NOAA 6- to 10-day 8- to 14-day plus 5-day rain

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Tropical Weather Outlook 8/29/13

tropical_outlook

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Some believe sugar-for-ethanol bids for USDA subsidies will be small due to competition from lower new-crop corn prices 8/29/13

Cheap Corn Deters Buyers in U.S. Sugar-for-Ethanol Program By Alan Bjerga and Marvin G. Perez     Aug. 29 (Bloomberg) — A glut of corn has damped interest by biofuel makers in a U.S. government program to sell surplus sugar … Continue reading

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Mexican soft drink industry will buy 400,000 tons more domestic sugar in next 12 months, potentially reducing exports to US – Associated Press 8/29/13

US sugar producers receive good news from Mexico 29.08.2013 Questions about low sugar prices, dry growing conditions, discolored product and a bloated North American market due in large part to Mexican exports had American Crystal Sugar Co. officials reeling in … Continue reading

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EU ag futures 7:01 a.m. Thurs P.Wht -1.25, Mz -2.25, R.Sd -4.50, LndFdWht -1.60 8/29/13

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Overnight Numbers 8/29/13

Open Interest

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Report Foresees Sufficient Advanced Biofuels to Meet RFS Through 2016

An annual assessment of the advanced biofuel industry concludes that sufficient supply of advanced biofuels will be available to meet  the federal Renewable Fuel Standard (RFS) through 2016, according to a  non-partisan group. Environmental Entrepreneurs (E2) said today that its assessment reveals … Continue reading

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Atlantic Storm Activity Seen Increasing Late Aug., Early September

August has been unusually quiet on the Atlantic Basin tropical storm front, but that appears likely to change by next week. Conditions favorable for hurricane formation are seen moving into place in the last few days of August and the first week … Continue reading

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