Replies to post #49 on All Things Food

[wow_happens28]

ed3/6me

I have never traded on commodity exchanges. I have traded commodity ETF's RJA, DBA, CORN and NIB. All I can say is that feed prices are high and not going down, even though some of the country has had drought relief. Rice Bran is at all time highs and is being used more as animal feed because corn is in somewhat short supply. I follow this because I own a stock, NTRZ, that processes and sells stabilized rice bran for human and animal consumption.

You can play with the USGA site to get info. I get rice bran prices by just putting rice bran prices into the USDA search.

http://www.usda.gov/wps/portal/usda/usdahome

And look how high rice bran is compared to last year>>>

http://www.ams.usda.gov/mnreports/lswrice.pdf

Ed you probably know most of this and can add a lot of new thought to this board. Thanks for posting.

http://www.globalmeatnews.com/

http://www.meatinfo.co.uk/

http://www.meatingplace.com/

http://tfc-charts.w2d.com/menu.html

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

[wow_happens28]

ed3/6me - New meat story out today. As to your question, it does say grain inventories are declining. But, is that factored into the bacon price already? Not my specialty, yours.
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Meat prices strengthen FAO food price index

Strong meat prices have helped to strengthened the FAO food price index, the Food and Agriculture Organization (FAO) of the United Nations announced today.

http://www.globalmeatnews.com/Industry-Markets/Meat-prices-strengthen-FAO-food-price-index