Chris Heupel @cheupel
President of Ingredient Exchange Co., Inc. ingexchange.com Saint Louis, MO Joined March 2009-
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Corn and bean futures are holding steady this morning after closing sharply lower yesterday after the USDA's bullish August #WASDE report.
The Wall Street Journal reported today that at $17/hour farms can't fill jobs, reducing annual fruit and vegetable production 9.5% or $3.1B.
The USDA's August #WASDE report was a stunner. Corn and bean were limit down today. tinyurl.com/5ftcx3
Cargill fired the first shot on Corn Syrup and HFCS. Min prices are up 40% YOY and we are hearing quotes that are 70% to 80% YOY increases.
My team and I will be in Madison, WI for the Wisconsin Cheese Industry Conference from April 21st - 23rd. Contact us if you are going!
Don't look to China to help U.S. dairy prices. The U.S. is not going to export 16% of it's milk in 2015. on.wsj.com/1EukN1b
US milk for export has been increasing. With a strong US$ and lower world dairy prices, where will this milk go?
@MicheleRSimon Any thoughts about Henry Miller's opinion piece in the WSJ: Organic Farming Is Not Sustainable? on.wsj.com/1sTkAzz
Fed banks report falling U.S. farmland values in first quarter. on.wsj.com/1lDql1e
Organic Farming Is Not Sustainable on.wsj.com/1sTkAzz
Via @nprnews: How Food Companies Court Nutrition Educators With Junk Food n.pr/1mXYwjM
"The national cattle herd is at a 63-year low because high grain prices and drought during the past several years..." tinyurl.com/n7o7dj5
Have 10,000 pounds of salt & vinegar sunflower seeds in 1,000 pound totes. Call 314-872-8850 for more details.
Corn futures jumped on USDA's forecast for lower plantings,91.7 million acres of corn, -4% YOY. May corn at $5/Bu is up 18% this year.
Have approx 12,000 pounds of #SunTree Cashews: style 320, oil roasted, no salt, packed in 25# cases in Feb 13 Call 314-872-8850 for details
Prediction: The all time high's at the CME for block and barrel cheddar in the month of January will be the low's for 2014.
I have 11 pallets of frozen brownies, packed 30 to 40 cases/pallet, case is either 8ct/18/case or 4ct/ 24/case. Each brownie is 14 oz.
Cheddar blocks set an all-time high today at $2.2950/lb. . The previous record high for cheddar blocks was May 27-28, 2008, at $2.2850/lb.
I have two truck loads of cocoa powder in 25 Kg bags. The product was made in 2011. Call 314-872-8850 for details.
We've got cheese! Downgraded Parmesan barrels, aged white cheddar blocks and frozen pepper-jack. Call 314-540-7283 for details.
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