New Holland and the Ag Equipment Group Message Board

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Non-Tech : New Holland and the Ag Equipment Group

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To: Paul Berliner who wrote (90)	5/19/1999 10:26:00 AM
From: D.J.Smyth	Read Replies (1) of 113

Paul, I respect your comments, however NH bid up Case in part (I suspect) relative to depleted agricultural stock pilings around the world. These depleted stocks must eventually takes it's cue to the market, i.e., higher prices. Any potential signal of bad weather and the situation worsens relative to storage. Around here (midwest) farmers are getting encouraged. As oil prices recover, also, ethanol substitutes also rise in demand. If Calif. approves ethanol exposure, corn prices would add $.25 to $.35 per bushel which is a good deal from that one kick.

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