With the exchanges tanking the end of this week, how will this affect the grain commodities? Will grain get dragged down with them? Or will traders move their money into the grain markets and make it move higher?
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Exchanges tanking,low bond yields,currency crisis,lower fed funds rate,high gold,high oil=HIGHER GRAIN PRICES
http://www.agri-ville.com/cgi-bin/forums/viewThread.cgi?1165811160
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Should mention panic is starting to take hold.
The next few weeks and especially this monday should be good.
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I'm sure alot of the sell off's have to do with profit taking as it does fear of a widespread failure of the global market place. All this means is that there is now alot of cash floating around in the world that needs to find a home. The question to ask now is where will that home be...oil and gold will be the baromoter that will forcast what will happen with the rest of the commodities.
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