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What's everybodys feeling on the bean market?
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JackBurton
Posted 10/23/2011 19:07 (#2016713 - in reply to #2016089)
Subject: Re: What's everybodys feeling on the bean market?


Northern Alabama
Right now , I believe the biggest contributing factor is Europe. If the dollar gains "strength" from the decline in the Euro than look for commodities to decline further. If there is a panic, and people actually start buying gold and silver (like they're supposed to when banks are in trouble) then food prices should follow suit. As long as traders sell by their algos, which tell them to sell commodities when the dollar strengthens then imo commodities will drop. Now if there are actual shortages....
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