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08-10-2017 05:03 PM
For those of you who think things are ok.......that we have such huge crops that prices just can't go up.........
wheat approx. 46 stocks to use, so that means 167 days supply.............
but look at these numbers
corn, 16% stocks to use.......that equals 58 days
soybeans 11% stocks to use that equals 40 days
think about those numbers......and that is from usda's own data released today.........
you really think these numbers justify these kind of prices ?
just what do we have to do to get into positions of profit ??
a weeks worth ?
08-10-2017 05:38 PM - edited 08-10-2017 05:40 PM
I've said this before.........The complacency of the market place is astounding.
Can you even imagine what kind of explosion happens when there is a real shortage the next time around?
08-10-2017 07:50 PM
What they have is the press.
Every part of our media looks to government for all the answers and most of the questions.
It's so much easier when the unresearched easy answers are delivered regularly from a high and unquestionable source.
Watch or read any media source and there is nothing but federal worship. It's no wonder our representatives can't say no to anything.
08-10-2017 10:21 PM