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To: Frank Pembleton who wrote (206433)	11/22/2002 9:10:43 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

Frank, the issue of the CRB is a bit more complex than plain US recovery. Russia for example is in an upside swing 150 million people who start buying more food and some luxuries still a $500 wage is considered middle class there similar situation with China and India. If those people can afford to buy meat then the whole grain and meat complex in the CRB is moving up. Keep in mind that you need apx. 5 lb of grain for 1 lb of meat. Soem food commodities nothing to do with economic recovery but plenty to do with INFLATION cbot.com cbot.com cbot.com futuresource.com!&period=D futuresource.com!&period=D So the CRB is not reflective only of US recovery and the CRB is moving up and predicting inflation ahead ---- or possible a lower USD