September 21, 2007 Clip  06/21/10 9:56:26 PM

At this time, we see no reason for a change in the increasing demand equation for the foreseeable future.  The energy boom tied to grains will continue until we find equilibrium.  Several commodities have jumped to new price levels.  Cattle was in on the beginning of this event moving from the 90’s to 120.  Now the wheat takes out $7.50 and moves to $10.00.  Are not both gains about 25% higher than the old highs?  Corn and soybeans old highs were $5.54 and $12.99, respectively.   You do the math.   No reason we can not see new highs in either of these markets.  Why?  It all relative.

 
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