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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (33511)5/11/2003 9:45:21 PM
From: jrhana  Read Replies (1) | Respond to of 74559
 
Have you tried the national parks out west?-Southern Utah has 5 alone.



To: Cogito Ergo Sum who wrote (33511)5/11/2003 10:07:53 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 74559
 
Kastel,

>>I imagine gluts in wheat etc could happen pretty easily though.

Small grains could be interesting as the Canadians were exporting to the US in mass when the US dollar was strong relative to the Canadian dollar. The Canadian trucks were coming across the border as fast as they could. <g> Now that the US dollar is tanking and the Canadian dollar is going up the price of these commodities should favor the US farmer. There has been a fair amount of acreage taken off line with these small grains in the US and I have no idea at what price or how long it would take for US farmers to increase production.

I can remember when oats was 85 cents a bushel and farmers just quit planting the grain. Well last year the price was over $3.00 at one point during the summer.

I happen to be bullish on commodities in US dollars.