Thursday, September 18, 2014

LET'S PLAY THE BLAME GAME!

CBOT grains haven't bottomed yet
Oil clogging US rail seen constricting grain exports
CN faces first fine under Fair Rail Act for failing to move enough grain
EU to set harvest records in both corn and wheat
Wheat drops to four year low on rising global output
Hmmm. Is the UN going to blame speculators for LOW food prices?

3 comments:

  1. Along with everything else, slowly and surely, the Russian sanctions on North American agriculture products is creeping in on prices from grains to meat driving the markets lower....lower....bleeding red.
    It's deja vu all over again for those that lived through the Russian grain embargo of the 80's and how that lead to a catastrophic farm crisis.

    ReplyDelete
    Replies
    1. Yes I'm sure all these statements are true but there was a killing frost in Kenyon twp. last night which should offset most of the expected surplus worldwide.Go long on corn!

      Delete
    2. I can just hear the bells ringing! LIMIT UP on Monday! :)

      Delete