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New Mexico | producing ...but the trends ARE higher. MO.
Gonna be some REAL high beans by harvest.
Expect another $2 to $4 above current cash index.
Wheat...is just like the battery bunny...took a licking...but now just Keeps On Ticking ^.
Problem with say corn is actually the "narrow" demand scenario.
Don't matter if there's only say 11B bushels ...the few demand sectors left are econ dependant for other products resale...thus NOT "Plate" dependant.
LOTTA value to those products which are "CLOSE to the Plate" now.
$crewed total econ means NO float dough, thus close to the plate fits right in with the obvious "On site, On Time" Ups associated with that.
You win some, You Lose some, and some days one simply gets rained out.
It's about that simple.
Significantly increased acid in the rain this year would not suprise me at all.
Oil spill over a relatively large area coupled with what statistically should be a significant hurricane event year too...( NET affect btw is significantly higher acid content of the H nuclei ).
Critique the afore however You desire.
MOST of REAL market moving falls to those with the ability to take a "Half a kernal of TRUTH and weave a web of fiction, or non fiction that is so flipping believable..that it IS then ALLTrue anway."
It's generally the SIZZLE that sells, not the Steak.
Perhaps just ask say Lady Ga Ga, for example.
The cicadas started zinging in my dry areas down here Wed afternoon.
Last time they did that was end of July 05.
Takes 3 to 11 days for rain here when the afore happens.
( 1st rain btw was Saturday...then again Sunday ).
05 is the same year as Katrina ( and other big time rain events sucked inland usa...Aug thru Sept of 05 ).
Edited by Markwright 7/26/2010 01:22
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