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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: T L Comiskey who wrote (211807)	6/30/2011 1:04:46 PM
From: Land Shark	Respond to of 361152

>West Texas is currently undergoing its worst drought since the Dust Bowl of the 1930s, leaving WHEAT and cotton crops in the state in an extremely dire situation due to lack of soil moisture, as wildfires continue to burn. Re. Wheat... I've been watching the price of wheat get pummelled over the past few weeks. Seems they're using any excuse to kill it they can, such as some stupid USFDA report bullish on production in Kansas (which is a small part of the equation) or Russia re-entering the markets (which probably wont amount to much). I think right now some funds hold a lot of wheat futures and are dumping at a loss. At some point it will bottom and we'll see rocket again when reality sets in. When that happens? Who knows. Markets are stupid.