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

To: Raymond Duray who wrote (33552)5/12/2003 8:23:01 AM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 74559
 
Raymond,

I understand the players in the grain market. We were discussing the US farmers and their economics during the last bear market and the effects of the declining US dollar on their ability to survive. As I noted most of them that were carrying debt during the bear market are bankrupt. There also has been a fair amount of small grain acreage that has been taken off line during the last 20 years here in the US.


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