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Food price fears as US warns on crop yields
Financial Times ^ | 11-09-10 | Gregory Meyer / Jack Farchy

Posted on 11/10/2010 6:26:11 AM PST by Red Badger

The spectre of inflation loomed over agricultural markets after the US slashed key crop forecasts and warned of shortfalls in grains.

The agriculture department on Tuesday cut estimates of US corn yields for a third successive month, forecast record soyabean exports to China and warned of the slimmest cotton stocks since 1925.

(Excerpt) Read more at ft.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; US: Iowa; US: Nebraska
KEYWORDS: biofuel; corn; economy; energy; greenieweenies; obama; stuckonstupid
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To: Red Badger
The agriculture department on Tuesday cut estimates of US corn yields for a third successive month,

Yeah? What is the Energy Dept.'s estimates of US corn yields.

Ahem!

21 posted on 11/10/2010 7:16:25 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Red Badger
Ethanol..........First rule of civilization: DON'T BURN YOUR FOOD....

Amen, bro.

That's why I'm already boycotting the 2011 NASCAR season.

I'll be damned if I'm going to sit there and watch cars fueled by corn for three hours and then be told countless times how wonderful it is while people are starving around the world.

That's right! I'm blaming NASCAR for world starvation! HA!

22 posted on 11/10/2010 7:19:02 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Red Badger

It’s called supply and demand although it’s the Feds who are cutting the supply. With preppers stocking up on grains, the government found a way to mess over the taxpayer.


23 posted on 11/10/2010 7:20:03 AM PST by bgill (K Parliament- how could a young man born in Kenya who is not even a native American become the POTUS)
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To: Rebelbase

Orange you glad!
We should not go off on a tangerine!
The marketed will be pommeloed!.......


24 posted on 11/10/2010 7:21:39 AM PST by Red Badger (The House finally fell on Nancy Pelosi..........)
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To: 1rudeboy

I would trust a man with cow poop on his boots before a man with Bruno Maglis on his feet.......


25 posted on 11/10/2010 7:27:49 AM PST by Red Badger (The House finally fell on Nancy Pelosi..........)
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To: 1rudeboy
Do you use the CBOT to hedge your risk?

NO, we never have. (110+ years)

26 posted on 11/10/2010 7:28:00 AM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one.)
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To: Texas Eagle

So, I can blame Richard Petty?...............


27 posted on 11/10/2010 7:28:45 AM PST by Red Badger (The House finally fell on Nancy Pelosi..........)
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To: Red Badger

***Ethanol..........First rule of civilization: DON’T BURN YOUR FOOD....****

Pellet stoves got their start by burning....corn.


28 posted on 11/10/2010 7:28:51 AM PST by Ruy Dias de Bivar (I visited GEN TOMMY FRANKS Military Museum in HOBART, OKLAHOMA! Well worth it!)
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To: Texas Fossil
My opinion of the CBOT is that you have a better chance of winning in Las Vegas than at the CBOT.

The CBOT is magic. They make the long and short side of the same contract lose money /sarc

29 posted on 11/10/2010 7:29:06 AM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: Ruy Dias de Bivar

Stovers...........


30 posted on 11/10/2010 7:30:00 AM PST by Red Badger (The House finally fell on Nancy Pelosi..........)
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To: Red Badger
So, I can blame Richard Petty?...............

I'm not 100% sure but I think Richard Petty Enterprises may have folded up shop.

All I'm saying is get ready for the brainwashing.

31 posted on 11/10/2010 7:30:20 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Red Badger
I would trust a man with cow poop on his boots before a man with Bruno Maglis on his feet.......

BUMP

32 posted on 11/10/2010 7:30:27 AM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one.)
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To: dfwgator
Where's Beeks? Where in hell is Beeks?


33 posted on 11/10/2010 7:31:21 AM PST by Rebelbase (Palin/Christie 2012y)
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To: tatsinfla
"that and the gov’t paying farmers etc not to grow crops"

What government program is paying farmers not to grow crops?

34 posted on 11/10/2010 7:31:59 AM PST by JustaDumbBlonde (Don't wish doom on your enemies. Plan it.)
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To: Red Badger
Let me try that again.

I'm just sayin'. Get ready for the brainwashing.

35 posted on 11/10/2010 7:32:13 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Texas Eagle

My brain is clean.............


36 posted on 11/10/2010 7:32:24 AM PST by Red Badger (The House finally fell on Nancy Pelosi..........)
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To: Red Badger
My brain is clean............

I'm just sayin'.

37 posted on 11/10/2010 7:33:44 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Red Badger

No worries, Michelle’s garden will feed us all.


38 posted on 11/10/2010 7:35:59 AM PST by NonValueAdded (Palin 2012)
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To: sinanju

No it’s lack of rain. Dryest summer in 40 years in southern Indiana.


39 posted on 11/10/2010 7:36:15 AM PST by CholeraJoe (Dude, your I-pod isn't a karaoke machine.)
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To: Ruy Dias de Bivar
"Pellet stoves got their start by burning....corn."

We burn corn in our fireplace ... burns very hot. Corn stoves are becoming very popular according to the man at a local dealer.

40 posted on 11/10/2010 7:36:30 AM PST by JustaDumbBlonde (Don't wish doom on your enemies. Plan it.)
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