Replies to post #4958 on The Rising Influence of Rising Affluence

[wow_happens28]

Dew--Speaking from experience, I lived in lower Iowa in 73-35. I think it was 1975, the local farmers were excited because of an early start and good Spring and Summer rains and temperature that they were able to get a second soybean crop in. That might mean a record harvest for soy related products as well for 2012 with the REAL EARLY start this year. Soy related has been up for the year rather substantially, but falling hard lately.

http://www.finviz.com/futures_charts.ashx?t=ZS

http://www.finviz.com/futures_charts.ashx?t=ZM

http://www.finviz.com/futures_charts.ashx?t=ZL

And here is a great futures link, I check it often daily. Mouse over any item and a short term charet appears, left click and the charts above appear for that item.

http://www.finviz.com/futures.ashx

Corn broke down this past week, probably as a result of the data you posted.

http://www.finviz.com/futures_charts.ashx?t=ZC

I don't know if it is all the bad news is factored in. I doubt it. RJA could break down. QE3 and China loosening might affect fuel prices, but not weather.

A joke, QE 1 cost $1.7 trillion. Give an equilivant $8,500 to every USA adult, and that same money might get the economy rolling compared to giving it to a group of thieving bankers?

http://thestatedtruth.com/?p=11456

I don't think any country is really ready for austerity, say hello to the coming hyper inflation.

http://news.yahoo.com/thousands-british-police-join-anti-austerity-protest-141105856.html

[DewDiligence]

Spot price of corn hits 17-month low:

http://blogs.wsj.com/marketbeat/2012/05/24/corn-plunges-to-17-month-low

Corn prices slid 4.1% to their lowest close in 17 months, pressured by unexpectedly weak export sales and favorable weather for the U.S. crop… Corn for July delivery fell 25 cents Thursday to close at $5.785 a bushel on the Chicago Board of Trade…