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Sitting on the Dock
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Dave-ECIA
Posted 4/15/2010 08:58 (#1163119 - in reply to #1162156)
Subject: Re: Sitting on the Dock



Call me a conspiracy theorist, but I've said all winter that USDA had the numbers wrong. They underestimated use and therefore ending stocks numbers.

Kept the market artificially low through the winter/early spring. Now we're pulling back the curtain on the wizard's office and finding that the pile of beans isn't there when they stick their hand out for more.

The truth eventually reveals it's self and in the case of USDA, consequences are not there for "stretching the truth".
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