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| Very true there Mike. Seems like they didn't figure that one (93) out, even at the Jan. final. Was when the supply kind of petered out late winter, that the price took off. Rain makes grain, I guess? Also, was the summer without sun. That put the hurt on all the good acres that didn't have too many water issues. Anyhow, Chicago didn't have a clue that year.
I'm thinking the "trade" is a bunch of MBA idiots that weren't around in '93, let alone <'88, and the other macro-stuff posses enough distraction & - money flows, that it could be over for a while.
The debt thing is still the overriding issue, & the eruo-zone is going down, just a matter of when. Makes US housing mkt look like a day off, maybe. Then, the 'flation will be de-flation, imo.
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whats corn and soybeans going to do this week?
