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DM&E Expansion and the farm economy
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[quote user="MP173"]Several points:<br><br>1. My brother in law is just finishing up about 1500 acres, majority of it is corn. He indicated there has been a recent run up in corn the last month, which occured after the meltdown in natural gas which lead to the big Hedge Fund shutting down because of natural gas losses. He said that there was speculation in corn as the traders had to do something with their money. I sorta discounted what he said at the time, but the more I think about it...sorta makes sense. <br><br>ed<br>4. <br>[/quote]<br> <br> Thanks for the additional info...the Co-op guy at the elevator was talking about the "hedgefund" involvement as well, so there probably is a strong likelihood there. I was just too bummed out at the time at having to pay $4/sack for corn to press for details. What you say makes perfect sense though.<br> <br> <br> Interesting now the way America's addiction to oil is on a collision course with the food supply. Be interesting to see which choices are made.<br> <br> <br>
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