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| These cycles seem more like the mid to late 90's, a quick spike up and then in the doldrums.. Was it 97 we had a short squeeze in wheat,mainly spring wheat up to 20 cash and 5 dollar corn for a month or two.. This was going to be a new price plateau but was short lived. Hedge to arrives got wild.
The eighties were 5 or 6 years in building the bubble and 4 or 5 in unwinding, mass quantities of failure
Tricky Dicky got it going,the peanut farmer set it on fire,the actor Ronnie read the wrong script
Edited by wsnhmr 2/15/2016 09:33
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A major difference between now and the 80's
