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Why I'm Bipolar on Grain Markets
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John from S. MN
Posted 8/21/2013 10:41 (#3279954 - in reply to #3279563)
Subject: Re: Why I'm Bipolar on Grain Markets


Sat......The market system works......we have never run out of grain is modern history.......High prices limit demand, low prices raises demand......You can find it in Supply and demand 101 first page, first paragraph, first sentence......Of course demand fell off the cliff, especially exports on corn, thy had to or conceivably we would run out, which never happens because the market has the final say. It is a circular reference, but agin that is how markets work....It is not rocket science or mysterious, it just is.......Is as in Supply and Demand 101....JP
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