The Rising Influence of Rising Affluence

[wow_happens28]

bio, I just came here to post the same article, lol. The key from the article for me is, "Barring either a severe shortfall in U.S. output or a weakening of the U.S. dollar, the prospect for a recovery in the U.S. agricultural economy remains distant.

Nobody can predict the weather world wide. But, I don't see how it could get better. If it stays same as last year, grain prices should not fall, they are the the perfect weather bottom now.

The dollar? My guess is it falls. I see no reason for it going up after the election. Three things will weaken the US economy this year as I posted last week, that could weaken the economy.

1. Higher interest rates slow the housing potential buyers and others. We had one Fed raise on election day and another later and yellen promises more. All 8 years of Obama and only one raise.
http://www.finviz.com/futures_charts.ashx?p=d1&t=ZN

2. Gas prices at the pump are at least 25% higher than the 2016 average. It is like a tax hike, slows the economy, if it just stays at current levels.
http://www.finviz.com/futures_charts.ashx?t=RB&p=d1

3. Huge Obama care rate increases takes money out of people's hands.
http://www.thefiscaltimes.com/2016/10/19/Obamacare-Rate-Hikes-2017-Even-Bigger-Expected

4. Add in massive political turmoil many pundits are saying will happen, and down goes the dollar, up go commodities.

Add it all up, I can see little reason for RJA to fall, some reasons for it to stay the same, and a lot of reasons for it to go up.

Disclosure, RJA is my biggest holding.

Repost the article bio posted>>>
http://seekingalpha.com/article/4038501-outlook-u-s-farming