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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Crossy who wrote (858)	1/4/2003 11:19:48 PM
From: Ken W	Read Replies (2) \| Respond to of 23958

Crossy "Spread historically was 15-30% but the high energy prices and bumper crops sent the spred down to very low numbers throughout 2000. We even had NEGATIVE spreads during 3 months: June and November 2000 and April 2001. since then the spread recovered nicely to 28% in 2002Q1, 23% in 2002Q2 and 20% in 2002Q3. Recently prices seemed to have firmed again". We'd have to comfirm with EggShape or someone else close to the matter, but it appears to me that this biz it quite cyclical with several uncontrollable factors affecting the spreads; ie: world crop production vs US, demand worldwide etc. Regards your comments about my beloved CA. I worked for the state of CA under govornor's Brown, Reagean, Dukemagian and Wilson (prior to my retirement). I can safely say that Reagean was the only one of the bunch that had any foresight. All of the others listened way too much to the special interest groups that have created the mess that we have today. Most programs started by the special interest groups were founded in solid concern for the respective cause, however as time went, those programs have morphed into an all together self serving convoluted government that has only it's own best interest at heart. Ken