Stephen Frankola

World Grain Markets at a Critical Point

i think it's a sign of a bubble whenever people are breaking down ag commodities into 10 geographical regions and reporting weather on a week-by-week semi-superficial basis.

i'm not saying a potential investor should ignore important fundimental data, like, if a major drought is occurring in a major breadbasket. but to me, analysis on this level is a manifestation of mass hysteria, a la housing bubble circa 2006-7 or tech bubble almost ten years ago.