Replies to post #2918 on Grains Oilseeds

[earthfarm]

Now starting to see a kind of subprime unfolding in agriculture. Low prices for a high cost year. Land prices beginning to fall. Fixed interest rates spiking (9% for 5 year here in Oz). Nowhere is it written you can't have a food crisis running concurrently with a debt crisis down at the farm ... especially while the USDA keeps talking up the size of this credit and drought crunched world crop. Mob of information manipulators. Fertilizer will find it hard to rally like it did in boom part 1 until shortages begin to emerge ... hope all are well. Been a bit slack lately ...