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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (1415)	3/2/2001 11:41:58 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 12411

Hi Chip, Thanks for the interesting notes on wheat. The futures research.com chart is positively Malthusian. When NatGas in storage's chart looked like this last fall, we has a 3X spike in price, except in the California spot market, of course, where prices went ballistic. Judging by the chart, we're going to free markets do to wheat what they've traditionally done to oil, gas, gold mine claims, etc. They're going to run amok. IMHobserver-of-historyO. Was that tidbit about farmers substituting wheat for corn and beans from the WSJ article or was that your conjecture? Back where I'm from, Illinois, that simply isn't an option. If farmers decide to back off from beans or Starcrossed Corn, they'll put in a legume crop for the nitrogen fixing and silage. They won't put in wheat. It would be impractical from a financial and from a harvest equipment perspective. I don't know how they view this in Kansas, anyone? I'd say this was a Good Time to be an Organic farmer. Nice to see you can still be a dreamer, Chip. Ciao!

To: Chip McVickar who wrote (1415)	3/2/2001 4:43:49 PM
From: Mark Adams	Read Replies (1) \| Respond to of 12411

I'd say this was a Good Time to be an Organic farmer I was listening to an archived radio program at MetroFarm- and the organic guys were complaining that the wind borne pollen from the starlink or genetically modified corn was crossing the road and contaminating their corn. To add insult to injury, they can be fined for growing the resulting seed the following year if it has the genetic markers that the monsanto's of the world insert to protect the demand for seed corn. Farmers who choose to grow the genetically modified form are prohibited from saving seed for subsequent plantings. BTW- anyone want to speculate on the outbreak of Foot & Mouth Disease in europe- and it's impacts on commodity pricing and perhaps currencies? Message 15440140