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| Thought this article was worth putting out there. Basically says that the Saudi's cannot afford to keep the world over supplied with Oil for much longer. Makes some sense to me.
Grains have been down for 3 or 4 years now. My sense of things is that the whole commodity complex bottoms out this summer. Going to be painful in the grains. Has to be or production will just continue onward unabated. Lower acreage this year in Corn offers a glimmer of hope.
Anyways - Here is the article. Not long to read at all:
http://www.moneyandmarkets.com/saudis-winning-oil-war-71159#.VVqcTN... | |
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