2013: A Global Commodity Slump?

[SASKFARMER3]

Wheat will have a run, dry USA, problems in
Argentina and Australia has feed plus Ukraine will
be done in a month for sales. Hm. 700 canola is
possible. So is 500, I'll go with 700.

[cottonpicken]

Yes i was ridiculed for talking about housing back
then.

Also about gold,20 dollar wheat,24 dollar beans and
oil going to 50.

And now its currency debasement.

The savers and fixed income earners are being
robbed everyday and they don't even know it.

And now the window of time to protect themselves is
almost gone.

I've tried many methods and writing styles over 9
years to help people understand whats happening.

Smug?I've been called worse things by better people.

[bucket]

cotton

Land is still a good investment. Which is why I don't understand why old people are selling out to have cash that will be worthless.

[bucket]

And what's worse, old people are selling out to buy a house in the city that will also be worth less in a few years. Nice house though. Not even close to being worth what they are paying.

[ado089]

I don't know how far off Errol is. Think
Japan circa 1993 to present, now make
that demographic disaster a global
event. China is more or less done with
population growth, they'll get old
before they get rich, India might have a
few more years left in them but I think
at the end of the day politics are worse
there than china and Africa is, well Africa, the rest of the world at 1.7
children per woman isn't even covering
off maintenance. Stagnant population =
stagnant economy.

[mbratrud]

Errol, does the bear in you never go into hibernation? LOL you are dedicated I will give you that. Its the "Risk Manager" in you coming out. I hope you not right.

[TOM4CWB]

ado89,

1999 had 6B people... now just under 7B.

http://galen.metapath.org/popclk.html

Not till 2100 is population predicted to stop growing.

[bucket]

mbratrud

He will be right eventually, he hasn't put the horns on yet.

[TOM4CWB]

Errol,

"Throwing out an opinion that nobody wants to hear but . . . . "

I want to hear a good logical discussion of why you are going to be right.

Isn't there VERY little Canola left to sell...?

Does anyone have an accurate estimate of what has been sold of the fall 2012 crop?

I have few neighbours with anything left to sell... hail... aster yellows... drowned out patches... wind... you name it; lowered yeilds.

So Errol... what accurate numbers can you bring to this discussion about how much Canola is committed/sold... to average?

I have a difficult time with this market falling apart before 2013 southern crops have been determined... which is 3-4 months away... even then a record crop is needed to keep folks fed!

People globally fed is now JOB 1... not as in past... and the enviro spookers have not gone away... I see Obama winning... don't you?

Denmark was is on the green energy track... EU is copying them... and US right behind. China and India are not objecting too much....

[bucket]

TOM

Yep, and as long as there is a market to find better ways to make this planet environmentally friendly, the money will keep flowing and people will have to be fed.

And as long as the people realize plants are not only food but energy as well, things look good for farming. We hit a hiccup with the lower production the last few years but it just means when we do grow a bumper crop - it won't be taken for granted. Better storage globally is becoming more important so less is wasted.