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Gold/Mining/Energy : Gold Price Monitor

GDXJ 97.81

+0.9%

Nov 19 4:00 PM EST

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To: long-gone who wrote (14141)	7/6/1998 9:14:00 AM
From: Roebear	Read Replies (1) of 116762

Richard, I can confirm milk produced is of a lower butter fat content here in the Eastern dairy areas of US also. My access to dairy concerns agrees that, though this is a normal seasonal effect, this year it is exaggerated enough that it will cause a steep increase in the price of milk by summers end. New York city receives a lot of their milk from these areas. Instead of drought we have 50% over normal rain and warmer temperatures. Should have bumper crops of hay and corn so far looks great. I have noticed some harvest of early crops already, but no reports of their size yet; things are ahead here in Mid Atlantic area a few weeks. Almost like we were moved down to the Carolinas climate wise this year, a very early and warm spring. Heavy T-Storms more frequent than normal, as in other areas of country(?). Despite the other good news the butterfat is still low, probably because of the El Ninja weather and the heavy pasture growth. Thanks for the ag report from the southern areas, it was extremely helpful. Roebear

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