Here at Bulk Food International, we constantly monitor the global bulk food markets for news and insights.  Whether you have purchased from us before or are new to our products, it is important to understand and interpret key trends and information the major media provides.  In addition to understanding the market news we believe that seeing is believing.  To that end, we invite you to come and visit our office and underground warehouse here in the Kansas City area.  Seeing over 7 million pounds of bulk foods stored three quarters of a mile into an underground facility we promise will be interesting!

 Below is a monthly futures chart for Corn dating back to 2006.  As you can see prices have been rising, albeit with much volatility for the last seven years.  Prices hit the top of the channel last year at the peak of the drought at over $8.40 per bushel.  However, due to the expected large crop this year prices have come back down to the bottom of the channel.  The question is if you are a long-term investor, when do you want to purchase? At the top or at the bottom of a rising channel?  Buying low isn’t easy but one way to help yourself out is by purchasing at the bottom of a rising channel.  As Ned Schmidt CFA, fund manager and writer of the article below “The Case of the Missing Corn” states, “When global demand growth is considered, December corn has likely already made a long-term low, one not to be revisited.

Fundamentally, as you will see in the news articles, independent estimates have come in at 13.4 billion bushels down from the USDA estimate of 13.8 billion bushels in their August monthly crop report.  Furthermore, a burst of very hot weather in the corn belt has caused prices to rise over the last few days.  There are also worries that due to the late start to the corn planting this year due to the wet spring that frost may come into play before harvest.

Let us know what subjects you would like to read about in the future.  Contact us at sales@bulkfoodinternational.com or 816 888-8290.

SPECIAL ANNOUNCEMENT 
Our CEO and Founder, Terry Leverett conducts weekly conference calls
Wednesday at 1:30 PM and 6:00 PM CDT.
Please join us for these discussions and ask any questions you may have.
The call-in number is 712-451-6000, pin: 200574#

Weekly Wheat Review

Weekly Corn Review

Case of the Missing Corn

Hellish crop weather slamming Corn Belt

Could Low Grain Prices be Behind Us?

Dry Bean Update

For more information please contact us at 816-833-8062 or email at

sales@bulkfoodinternational.com

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