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|User Info||Anybody Like the Agriculture EFT (DBA) Here ?; entered at 2009-07-10 15:28:06|
Registered: 2007-10-02 winnipeg
I am completely on your side cat. I highly doubt it is possible for this incredible string of "good luck" with the world crop situations to continue. Eventually there will be a slip up somewhere and with the stocks as tight as they are even the USDA and their comical reports will not be able to keep a lid on things. |
I agree with you that the crops likely had their inputs cut this year. Waltie's fertilizer pricing updates were a sure tell on that one. The only question is where and how much. a little cut still leaves most in the flatter upper area of the response curves but will for sure have some effects.
It is likely going to take something pretty severe and overt before any admissions are made that things are not as rosy as we are led to believe. this will be a matter of timing. being right and early is still being wrong.
Last modified: 2009-07-10 16:20:59 by goodlander