Replies to post #2451 on Grains Oilseeds

[earthfarm]

Kastel I reckon sugar and cotton the two to watch for the second half of 2008. I am long both ... Sugar has too many reasons to not be trading 80% below it all time high?

1. Oil $125/barrel
2. Acres swinging across to grains/oil palms
3. Marginal profitability with hyperinflating fertilizers
4. Demand base ramping up exploitation capacity of cheap energy feedstock
5. Technically overdone to the downside