USDA WASDE Report: Neutral to Bearish Long Term.

May 09, 2014

The USDA released their important May 9 World Agriculture Supply And Demand Estimates report today.

Moe Agostino, Senior Commodity Marketing Strategist for Farms.com Risk Management will provide his analysis on this report later on today.

Here are some thoughts and observations:

Corn - Slightly bullish old crop and bearish new crop with higher yields projected.

Soybeans - Neutral as projections close to market expectations.

Wheat - Bearish with lower yield prospects supporting prices in fall.

More to come later as we review the numbers.

The full report can be found on the following link.

http://www.usda.gov/oce/commodity/wasde/latest.pdf

Full coverage of these USDA reports will follow.

Video: Finding a Balance of Innovation and Regulation - Dr. Peter Facchini

Regulations help markets and industry exist on level playing fields, keeping consumers safe and innovation from going too far. However, incredibly strict regulations can stunt innovation and cause entire industries to wither away. Dr. Peter James Facchini brings his perspective on how existing regulations have slowed the advancement of medical developments within Canada. Given the international concern of opium poppy’s illicit potential, Health Canada must abide by this global policy. But with modern technology pushing the development of many pharmaceuticals to being grown via fermentation, is it time to reconsider the rules?

Dr. Peter James Facchini leads research into the metabolic biochemistry in opium poppy at the University of Calgary. For more than 30 years, his work has contributed to the increased availability of benzylisoquinoline alkaloid biosynthetic genes to assist in the creation of morphine for pharmaceutical use. Dr. Facchini completed his B.Sc. and Ph.D. in Biological Sciences at the University of Toronto before completing Postdoctoral Fellowships in Biochemistry at the University of Kentucky in 1992 & Université de Montréal in 1995.