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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Ish who wrote (254336)6/16/2008 8:13:53 AM
From: Oral Roberts  Read Replies (1) | Respond to of 793717
 
The USDA says the yield may be down 5% from the forecast. That's government bull trying to hold prices down.

My BS alarm has been screaming in my head every time I see that 5% number. It's absurd with the central corn belt under water and half unplanted to even begin to suggest that the crop will only be off 5%. I would definitely be long corn futures if I were a commodity person.


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