InvestorsHub Logo
Followers 104
Posts 7003
Boards Moderated 1
Alias Born 10/21/2008

Re: free_bee post# 24768

Monday, 04/28/2014 11:45:19 PM

Monday, April 28, 2014 11:45:19 PM

Post# of 30377
Agreed, only a matter of time until China opens up to GMO corn.

In regards to PEIX, US crop has made a lot of progress in past week. We could use some progress on Ukraine front as these commodity plays have proven to be volatile and corn has a bit of premium as result.

I think people perceive China as an automatic Russian ally but they also have a vested interest in Ukrainian stability as they rely on them for grains.

http://www.chinaeconomicreview.com/ukraine-china-corn-importer-uncertainty-crisis-grain-trade-quota

Putin is reminding the world of the need to be more self sufficient.

Corn typically peaks about this time of year. If this is near peak, PEIX should be fine as peak driving season arrives and seasonality reduces possibility of west coast imports.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ALTO News