Monday, August 25, 2008

Global cooling gains momentum among scientists
...one response opened my eyes to the growing community of global warming skeptics out there, most of them merited scientists.
Global cooling gains momentum among grain marketing specialists
Just back from USDA’s Outlook Conference, Mike has a lot of fresh information. For instance, guys up in North Dakota, Minnesota and Wisconsin are saying the corn just flat isn’t going to make it. “It’ll run headlong into problems with frost.
...
Soybean prices are going through the roof. “The crop is way behind and we have a low carryover. In addition, there was less expansion in Brazil.”

And as far as wheat goes, Mike is again bullish. “We have a shortage of good quality milling wheat. It’s dry in Australia and even drier in Argentina…..plus they’re also having trouble with cold weather there—temps in the teens while jointing.”

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