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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Terry Whitman who wrote (35422)5/4/2002 6:01:07 PM
From: BirdDog  Read Replies (2) | Respond to of 52237
 
...Corn...

I talked with my neighbor farmer yesterday about futures and corn. Some interesting points:

Everybody grows corn everywhere.

There is no money in corn.

Government subsidies in corn. Only reason many go ahead and grow it.

There are more and more growing corn just for the Methanol plants to mix with gasoline.

He has to grow corn anyway for his cattle...good feed.

He can buy corn cheaper than growing it when it reaches $1.50 a bushel.

Doesn't think corn will have any great swings in price upward...ever...too much of it everywhere.

He thinks if you want volatility...try Wheat/Oats. He says that is a highly volatile market. Not everybody everywhere grows it like corn. Texas panhandle area of country is big in wheat. They have had a couple bad years. Perhaps will be bad again this year?

BirdDog@Prairie.com



To: Terry Whitman who wrote (35422)5/7/2002 11:53:08 PM
From: John Pitera  Respond to of 52237
 
sure thing Terry. I've been thinking it's time for a re read or the old chapters. When did you "publish" the first chapter?

Money will be made in the future being long corn.. that is why the Lord gave us Corn Blights.