General Mills CEO Plays Politics

General Mills CEO blames ethanol subsidies for high grain prices.  Guess he was playing golf when the heavy spring rains put the corn and spring wheat crops back by 6 weeks, as well as the serial crop difficulties in Russia and China the past year.  He probably wants to bankrupt the farm states so that … Continue reading

Wheat Bounces Over Corn

After a recent trip by wheat under corn, wheat has returned above corn after yesterday’s quarterly stocks report.  Little surprise to this analyst as weather that kept farmers out of fields dried out the past two to three weeks.  Corn has broken hard from nearly 8 a bu to under 6 in the Dec option.  … Continue reading