Comments on: Notes From Underground: Irony of Ironies … In the Land of Fiscal Austerity and Budget Cutting Circumcision is Outlawed

By: yra

yra — Wed, 15 Aug 2012 15:35:35 +0000

Arthur–nothing new for readers of this blog in this—the U.S. ethanol and its impact on the food chain is coming back to haunt

By: arthur

arthur — Wed, 15 Aug 2012 12:28:41 +0000

The U.S. Drought (CSIS) http://csis.org/publication/us-drought

By: yra harris

yra harris — Tue, 14 Aug 2012 17:59:03 +0000

Kevin W–thanks for the added info

By: kevinwaspi

kevinwaspi — Tue, 14 Aug 2012 17:04:28 +0000

Thanks Yra,
For Grantham’s full theme on the food situation and his outlook, you can read his letter of July 2012 at:
http://www.gmo.com/websitecontent/GMOQ2Letter.pdf
Kevin

By: yra

yra — Tue, 14 Aug 2012 11:16:10 +0000

Joe–good point.As we discussed back in march and april,when the Chinese are chasing momentum they tend to change the story .Remembe the steep sell offs everytime they supposedly announced they were done buying.

By: Joe

Joe — Tue, 14 Aug 2012 10:45:59 +0000

The spreads in both soybeans and corn are definitely reflecting a loud shout out to Brazil. When China’s prices are high, they release reserves and buy. Beware fall bears.