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Convinced
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paul the original
Posted 2/20/2008 15:23 (#314809 - in reply to #314766)
Subject: Re: Convinced


southern MN
Long term, even with good world ecconomy & poor USA ecconomy - I don't see how $20 wheat works. All things in nature like to find a balance, and $20 wheat is not balanced. I'm not sure where wheat is supposed to go from here, seems only one (long term) direction left for it?

Corn & beans will have to go through the acre stuggle yet, one or the other could have a serious rally. Again, I just don't see them holding up to signifigantly higher prices in the long term.

I've been wrong a lot in my life..... I understand all crops will spike, and all 3 can continue to do so, but we get farther & farther out on the limb.....

Haven't been back to the coffee shop since the flour fiasco either yet. :)

--->Paul
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