Tuesday, May 28, 2019

Food Crop Prices Accelerate Higher

Each day, I hope that farm crops will get planted and prices will reverse. However, instead of reversing, close attention to the last few candles on this chart show an acceleration higher instead!


Bond Market Flashes SIgns of Trouble Ahead

Interest rates are collapsing in the bond market, which is a sign that investors are very worried.

Look out belooooow!
“Recent data points suggest US earnings and economic risk is greater than most investors may think,” says Chief Equity Strategist Michael Wilson of Morgan Stanley.

Food Commodity Prices Continue to Climb

I wonder when we'll begin to see food prices rise this sharply in t\he grocery stores. Corn is up another 8+ cents (32+ ticks) today. Other food commodities are up also.


Monday, May 27, 2019

Crop Catastrophe Coming?

Another scary headline. Wake up, America!

"The food that each one of us eats every day is produced by our farmers, and right now our farmers are truly facing a nightmare scenario." -- Michael Snyder

Sunday, May 26, 2019

Are We Facing a Food Crop Crisis Soon?

This is the latest headline that I saw today that portends a possible food crisis by late this summer.

I'm not surprised because the corn commodity price accelerated higher last Friday. I wonder if this is a sign of things to come. I had hoped and expected that prices might reverse and go lower, but the price accelerated higher instead. Note the last few candlesticks on the right that were even longer and closed even higher on Friday this last week.And it's not just corn, either. Other food commodities are skyrocketing as well!
The main reason for this is that North America has been very wet this spring. Much of America's midwest farm land is flooded.
Why isn't this in the news headlines?