PDA

View Full Version : Wheat Sets an All-Time High



royalfan5
9/27/2007, 09:05 AM
http://cbot.com/cbot/pub/cont_detail/0,3206,1033+50551,00.html

9.39. Just 18 months ago, I was posting excitedly about wheat cracking 4 dollars. Remember this when people tell you food for fuel is a good idea.

IB4OU2
9/27/2007, 09:16 AM
and feeder calves dropped 10 cents a pound.

royalfan5
9/27/2007, 09:17 AM
and feeder calves dropped 10 cents a pound.
it's up to .15 now.

sooner_born_1960
9/27/2007, 09:20 AM
Do you mean up to down .15?

royalfan5
9/27/2007, 09:23 AM
Do you mean up to down .15?
that's one way to put it.

r5TPsooner
9/27/2007, 10:32 AM
So has a loaf of bread surpassed the cost of a cup of coffee at Starbucks yet?

FaninAma
9/27/2007, 11:06 AM
Commodities still aren't where they should be. Over the last 40-50 years, when adjusted for inflation, commodity prices still aren't where they were in the 50's and 60's.

Oh, BTW, the fed just ponied up $38 billion at the repo window this week.

How much paper can the Feds and their partners crank out before they do some serious damage to the USD and economy?

Petro-Sooner
9/27/2007, 11:07 AM
Stupid wheat companies making record profits of us common people. Makes me wanna puke.











:texan:

sooner_born_1960
9/27/2007, 11:14 AM
Tax them to bolivian!

rufnek05
9/27/2007, 11:57 AM
Thats good, considering my family are farmers. but what the hell is with the price of milk!?!?!

royalfan5
9/27/2007, 12:38 PM
Thats good, considering my family are farmers. but what the hell is with the price of milk!?!?!
less cows = more dollars