Fundamental insights to inform capital, operational, and trading decisions in your Ag/Renewable commodity business.
HR 1346, FAPRI’s View, & My Thoughts
My alma mater University of Missouri’s Food and Ag Policy Research Institute (FAPRI) released “Potential Impacts of Proposed E15 Expansion and SRE Reallocation Provisions of HR 1346” this week. Its worth a read. It discusses the impact of bill HR 1346 that recently passed the house, should it become law. Big headline is this bill…
Introducing Morgan. US Soy Simulator.
I’ve been working for a while on this one — a soybean procurement basin simulation I call Morgan. There are ZERO soybean price inputs to this model. Supply, demand, and transportation costs steer Morgan’s weekly simulation. Morgan is a work in progress, but it’s advanced enough to start sharing and providing client value. This visual…
US Crop Values Pale vs Tech CAPEX
Amazon’s 2026 CAPEX budget = $200 billion Alphabet = $175-$185 billion Meta = $115-$135 billion Farm gate value of ALL the corn, soybeans, wheat, cotton, rice, sorghum, barley, and oats produced in the US in 2025? $132 billion. For Everything. Any one of these companies could buy the entire row crop output of the USA with…
Biofuel Demand for Oil is Dominating Headlines.
But both ADM and Bunge mentioned robust meal protein demand during their earnings calls this week. The story is building in the meal market. Thanks for reading Oilseed Impacts. New editions drop weekly. Don’t forget to sign up here or on Linkedin.
Big Soybean Crush Just Posted for December….and Bigger Oil Inventories.
Something has to give. Which will it be? A) Crush slowdownB) Oil exports increaseC) Biofuel demand finally gets going Thanks for reading Oilseed Impacts. New editions drop weekly. Don’t forget to sign up here or on Linkedin.
US Soybean Exports are Ramping Up.
But South American harvest is upon us. We need to sell another 13 MMT and ship 25 MMT to hit USDA estimates. With China meeting their purchase volume commitment already, the next 13 MMT of sales will be tough.