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Concerning the $3 corn thread below
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McHusker
Posted 6/12/2011 10:45 (#1815076 - in reply to #1814659)
Subject: RE: Concerning the $3 corn thread below


Nebraska aka the boondocks
Keeping an open mind is good advice, maybe we all need our own actuary :) The arguments for prices going up and down are as old as the hills. They aren't making any more ground, the chinese are eating more etc., etc., every year we reinvent the wheel. However, as you point out, money is key. You may be hungry, but w/o money you won't be buying any grain stocks. If we are entering turbulent times concerning monetary policy, who is to say "all" our trading partners will have the ability to pay? another thing to keep in mind, our government(I presume), will be less willing, if at all, to bail us out going forward. If we are going to be "on our own," going forward, that definitely affects the risk aversion one should keep in mind. The longer this "recovery" takes, the higher the chances of more programs getting the axe.
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