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To: Cogito Ergo Sum who wrote (88197)7/27/2007 3:06:46 AM
From: energyplay  Respond to of 206209
 
There were big moves in grain prices today, 1-2%, also the USD is about 1.4% weaker against the Japanese Yen.

Looks like current and potential USD weakness is feeding directly through to grain prices. There is little surplus grain, and USD moves mean the grain prices in Yen, Euros, RMB, etc. are directly lower.

There's also a drought in Australia, drought in part of Central Europe, and Floods/ excessive rain in UK and parts of Northern Europe.

With Natural Gas dropping, at least for right now, some North America fertilizer producers could make a ton of money...



To: Cogito Ergo Sum who wrote (88197)7/27/2007 3:23:07 AM
From: energyplay  Read Replies (1) | Respond to of 206209
 
Re: Ag plays - Look at Bunge, BG up 4% today on a big earnings jump...