Friday, June 28, 2013
The other grains seem to be trading down in sympathy!
"Corn farmers in the U.S., the world’s biggest producer, planted the most acres since 1936 this year, more than a prior government forecast, as growers responded to low stockpiles with more planting."
Thursday, June 27, 2013
Wednesday, June 26, 2013
Tuesday, June 25, 2013
Minnesota Fed Governor Kocherlakota said that the market have misunderstood, thinking that the Fed is "hawkish". It isn't! This was the result (circled in blue).The Fed now so completely controls the stock market that one can say that there no longer IS a market. The Fed OWNS the market! The bubble! It's baaa-aaack!
Sunday, June 23, 2013
CLEVELAND, Ohio — Drought conditions in the United States have improved
since last September, but they remain severe in the West and are
affecting consumers across the nation.
CHICAGO, June 21 (Reuters) - The number of cattle placed in U.S. feedlots last month slipped 2 percent, a government report showed on Friday, which analysts attributed to rising feed costs discouraging the fattening of cattle for slaughter. The U.S. Department of Agriculture showed May placements at 2.049 million head, compared with 2.084 million a year earlier. Analysts, on average, expected a 5 percent decline.