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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (94649)5/30/2008 4:33:21 PM
From: ggamer  Respond to of 110194
 
Deleted



To: bart13 who wrote (94649)5/30/2008 4:36:11 PM
From: ggamer  Read Replies (2) | Respond to of 110194
 
<short/intermediate term target of 1.25-1.35 and Long term my best guess on an eventual high is in the rough $2.40 area.>

Is the main reason for this upcoming forecasted price increase due to cattle feed costs going up? If the answer is yes, then why no impact so far? Please bear in mind that I am not familiar with this commodity nor I know much about the historical prices.