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southern MN | Quite the ecconomic situation we are in. So hard to guess what direction we are going from here?
Job prospects are just terrible around where we are. Don't know about either coast, but - nothing perking up around 'here'.
Livestock isn't a good place to be, I don't know how unemployed people are going to afford more food costs. Looks like dairy & hogs are perking up to breeakeven again, but is that a minor blip, or a long term up trend?
If there is no livestock - well less livestock, where do we use our grains up?
The rest of the world is and will respond to higher grain prices with more production.
A case can be made for grain going in either direction, up or down, in 2 years.
I think I'm feeling a little pessimistic these days.
--->Paul | |
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