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kipp440

11/13/07 8:58 AM

#179 RE: timhyma #178

timhyma - Thanks! The thing about grains that makes it "different this time" (those are the three most dangerous words for investors) is that growers can contract record high prices way out into the future. In the past growers could only profit from the sale of un-hedged grain in the bin, sold spot, during a weather, or government policy induced price spike. Now we have global inventories at all time lows, and we've decided to burn our food. Couple all of that with a falling U$D and the Mississippi Valley may replace the Silicon Valley!

Buy a little ISX.V, could be a lotto ticket!

Good Luck!

Kipp