Market Currents
"For the first time in this rally, there is a feel of commercial panic," says a broker after a...
-
Tuesday, August 21, 2012, 3:18 PM ET"For the first time in this rally, there is a feel of commercial panic," says a broker after a 2nd day of the Pro Farmer crop tour adds to worries over the security of physical grain supplies (day 1 report here). "You cannot load soybean futures in a ship and send to China (or) feed to chickens and hogs ... panic is in the physical ownership." Price records are falling everywhere. JJG +2.2%.
Other date
Latest Commodities Articles
This news story has 8 comments:
Those of us who were paying attention to the weather and climate - as opposed to myopically staring at past commodity price charts - understood this was coming.
http://seekingalpha.co...
This is only the beginning.
http://bit.ly/O45cOJ
I was going to do the same.
Anyone who isn't concerned about this isn't paying attention.