U.S. might have to count on strong gran sales in order to dig out of coming economic trouble.
Commodities into the limelight.
To: maui_hawaii; Jeff Head; Tainan; hedgetrimmer; Unam Sanctam; taxesareforever; Avenger; prion; ...
2 posted on
02/22/2008 7:53:38 AM PST by
TigerLikesRooster
(kim jong-il, chia head, ppogri, In Grim Reaper we trust)
To: TigerLikesRooster
Fueling Fridays record was continued strong demand from China, the worlds largest consumer of soybean oil, said DTN commodities analyst ElaineIronically, the Asian Soybean Rust might put an end to this. ASR spores were found in the USA late last year, too late to affect the yeild.
There will be plenty of fungicides used this year to protect this increasing valuable crop.
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