Followers | 101 |
Posts | 29292 |
Boards Moderated | 3 |
Alias Born | 09/17/2006 |
Friday, June 30, 2017 9:46:38 PM
I put this up elsewhere yesterday, meant to put it up today, but work got in the way, wow, what a day for RJA.
1. A drought pocket is forming in the Dakotas(lots of corn in the eastern half of each). Also most of Nebraska, Iowa and Minnesota drying. It is not showing up yet on the US Drought Monitor, but Weather Underground 10 day forecasts and past month records for those areas show it drying out.
http://droughtmonitor.unl.edu/
https://www.wunderground.com/q/zmw:50301.1.99999?MR=1
https://www.wunderground.com/cgi-bin/findweather/getForecast?query=North+Platte%2C+NE
https://www.wunderground.com/q/zmw:55450.3.99999
2. Grain prices trade world wide and a falling dollar will add to prices for the US, if the dollar slide continues.
http://www.finviz.com/futures_charts.ashx?p=d1&t=DX
3. The major media loves the global warming scenario and will jump on any shortage of anything like it is a disaster. Today's' article below is like a prep?
http://www.foodnavigator.com/Policy/Food-prices-could-surge-as-climate-change-and-conflicts-hit-commodity-chokepoints
RJA went up at the start of the drought in 2010 in SW US and Mexico. RJA went from $6.90 to $11.64 in exactly 8 months. That is a gain of 68%. In that time frame the dollar did fall from slightly about 80 to 78. In 2010 the Global Warming crowd, now Climate Change chorus was not near as loud. I believe RJA has the potential to double from here or higher in less than a year.
https://finance.yahoo.com/chart/RJA#eyJtdWx0aUNvbG9yTGluZSI6ZmFsc2UsImJvbGxpbmdlclVwcGVyQ29sb3IiOiIjZTIwMDgxIiwiYm9sbGluZ2VyTG93ZXJDb2xvciI6IiM5NTUyZmYiLCJtZmlMaW5lQ29sb3IiOiIjNDVlM2ZmIiwibWFjZERpdmVyZ2VuY2VDb2xvciI6IiNmZjdiMTIiLCJtYWNkTWFjZENvbG9yIjoiIzc4N2Q4MiIsIm1hY2RTaWduYWxDb2xvciI6IiMwMDAwMDAiLCJyc2lMaW5lQ29sb3IiOiIjZmZiNzAwIiwic3RvY2hLTGluZUNvbG9yIjoiI2ZmYjcwMCIsInN0b2NoRExpbmVDb2xvciI6IiM0NWUzZmYiLCJyYW5nZSI6Im1heCJ9
4. An added element is I believe, but can't prove is that prices are lower compared to cost now than in 2010 as far as framers margins go and I have seen bullish stories on wheat, soy, coffee, cacao and more having no affect on the commodity.
On the bear side, oil prices went up in that period, especially gas at the pumps. But, if the dollar keeps falling, it goes up in the US.
What could go wrong, lol.
I got some nice watches and magic oils to sell you too
Life is not measured by the number of breaths you take, but by the moments that take your breath away--Wows happen!!!
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM