Posted 7/14/2010 21:36 (#1273522 - in reply to #1266587) Subject: Re: Perhaps AGTrader was confused.......................
Holly Grove Arkansas
20% increase in US long grain acres and a crop that looks several bushel per acre better than the one last year. The one last year exceeded demand. Every market has bull and bear arguments. The best argument for the bull is drought in Vietnam and Thailand. Down the road a big reduction in acres next year is likely if the current ratio to beans and wheat hold. The best bear argument is obviously the first two sentences.
Perhaps AGTrader was confused.......................
