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Re: wadegarret post# 106365

Sunday, 09/14/2008 6:39:12 AM

Sunday, September 14, 2008 6:39:12 AM

Post# of 173779
Wade - Grain supplies are at all time lows. The grain yields are going to be much lower than the USDA originally forecast. The USDA started back peddling on Friday. You are going to see volitility in the grains as the harvest season is upon us. The press is too focused on the dollar and has not picked up on the supply/demand picture yet. Fertilizer companies are flush with cash, farmers can pay their bills, and no big potasium or phosphate supplies are coming on line any time soon. Ag looks good to go in this time of consumer recession and banking meltdown.

Kipp

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