USDA has been given a lot of grief lately about various reports and rice hasn’t been left off the list regarding questionable numbers. The difference with rice is twofold; not only is production overstated, but the demand estimates have been artificially lowered due to insufficient supplies. The production side of the equation is generated by…
Daniels Trading CEO, Andrew Daniels, was quoted in the Bloomberg article titled “Traders Put Cash Over Chicago Loyalty in Exchange Bid.” “The membership at the Board of Trade is more interested in valuation than the politics or nostalgia of Chicago- Chicago,” said Andy Daniels, chief executive officer of Daniels Trading Co. in Chicago, which trades… Read more.
Daniels Trading CEO, Andrew Daniels, was quoted in the Bloomberg article titled “Wheat Jumps 5% on Concern Farmers May Shift Acreage to Corn.” “The wheat’s already been planted, so the only way to shift acres would be to rip it out of the ground this spring,” said Andy Daniels, chief executive officer of Daniels Trading… Read more.