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To: Ahda who wrote (24745)12/22/1998 6:36:00 AM
From: long-gone  Respond to of 116972
 
Darleen,
There are only two or three "listed & traded" Ag commodities grown in volume in southern Ca. A great deal of frozen OJ comes from Tx, with Ca being #2. Ca & Fl raise more "eating" oranges, while Tx more juice oranges. There is cotton, but we have been told there is no demand, and no problem, so I a feeling there will be one in less than 12 months, but would have to drive through there, but Ca water & land is near to valuable to waste on cotton. There are the new dried milk futures, but I know nothing about the market as it is new.
Suspect there is a killing to be made in the "non-listed & traded" commodities. As they are not traded, they are not worked higher or lower. The one I see (though I think the futures boards are looking at it) is Hay. Heavy market, lots of professional grading & testing. Think there are "brokers" dealing in it now(as the bulk of their business).
Again, I'd need a trip there to check out the conditions.
That is the problem with the "experts" in Washington or Chicago, they never walk the fields or talk to farmers, and some would not know what to look for if they saw it.
private me back with the answer to "Why do you ask?".
rh



To: Ahda who wrote (24745)12/22/1998 7:30:00 AM
From: long-gone  Read Replies (1) | Respond to of 116972
 
OK, I've got it never mind the reply.:
Natural Gas In High Demand - (FOLSOM) -- The agency that manages California's energy supply says this week's cold snap is causing a temporary shortage of natural gas. The Independent System Operator in Folsom declared a ''stage-two'' emergency yesterday when demand began to outpace supply. A spokesman says power customers can help ensure a steady supply by turning down their thermostats, wearing warmer clothes and throwing extra blankets on their beds.
What I don't understand is how there can be a low price due to warm weather and a shortage due to cold weather at the same time? do we all smell a rat?



To: Ahda who wrote (24745)12/22/1998 12:15:00 PM
From: long-gone  Respond to of 116972
 
Just heard on (oh my Gawd) CNBC that Winter Wheat in Tx panhandle may be in for a cold weather kill due to this artic express.
Maybe things ain't "perfect" for ever.