Monthly Archives: February 2015

University of Illinois on Return on Farmland

The University of Illinois has published an interesting report on the Midwest Cost of Production on farmland. It seems like Midwest farmers are now losing money on corn and soybeans. It’s not surprising then that Midwest farm values have declined for the first time in over 10 years.

Advertisements

Deutsche on DSX

I just read a recent article from Deutsche bank on shipping. They expect a weak Q1 and Q2 dry bulk charter rates. Interestingly, they mentioned that DSX has a breakeven charter rate of $12k/day. They expect DSX to be the best positioned for long term investors due to their low balance sheet. Also, they feel that the currently low rates is precisely whats needed for a recovery in 2017 onwards.