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Garfield23

Garfield23
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  • Crop Progress: Crop Conditions Improve [View article]
    Marc,

    When taking SOYB and looking at a pattern recognition we see the same markings of the end of 2011. The drop was followed by a large rise only a few months later.

    furthermore, pro farmer lowered their total production numbers and we will have a crop total less than last years which is very positive,

    too many people are pessimistic on soybeans right now but harvested yields are pretty weak in my opinion, as pod weights have been soft,

    so I think everyone took profits from the recent run up, but there is much more juice to go IMHO,

    prices 4 months ago was approaching $16.50 and this is more of a realistic price,

    the super heat we got ruin the crop in certain states and with 49% leaves falling there really is no recovering from this,

    what are your thoughts?
    Sep 23 07:01 PM | Likes Like |Link to Comment
  • Two Factors: 1. Autumnal Equinox, Sept. 22 & 2. Winter Jet Stream [View instapost]

    From now until September 22 we will lose 2 minutes of day each and every day!

    After the 22nd nights will be longer than days.

    In the next 30 days we will have lost a full hour of sunlight every day.

    This is a compounding event on the growing/crop industry.
    Aug 20 04:07 PM | Likes Like |Link to Comment
  • In 2013 There Has Been A 55%increase In Arctic Ice Since This Date Last Year.  [View instapost]
    I see a huge move in Soybean prices, as I said last week: I'm dead serious when I say that with an early frost Soybean prices could be at $19.00

    Be careful!

    These satellite images are amazing! This shows an earlier and colder winter ahead.
    Aug 19 11:23 AM | Likes Like |Link to Comment
  • Commodities Today: Coal Lagging And Mainstream Media Boosting Shale Names [View article]
    energy commodities are floating...look at nat gas it is now $3.33 when people said it was a risk free asset? dumb right.

    We see alpha centric opportunities in soybean as record rains are happening....just google crop damage in Iowa and Minnesota...
    Aug 5 01:46 PM | Likes Like |Link to Comment
  • Pilgrim's Pride Management Discusses Q2 2013 Results - Earnings Call Transcript [View article]
    have you seen the aerial footage of rain damage to Iowa and Minnesota? Also Oklahoma just got flooded and Ohio is experiencing huge rains...the dream crop this year is fading away....
    Aug 5 01:43 PM | Likes Like |Link to Comment
  • Crop Progress: Corn Conditions Continue To Deteriorate [View article]
    actually we see prices going up, - everyone should read the following article:

    http://bit.ly/1bit26f
    Jul 24 05:12 PM | Likes Like |Link to Comment
  • Crop Progress: Corn Conditions Continue To Deteriorate [View article]
    IMHO I think people are too optimistic about this years crops...from farming friends the lates start is ruining yield, and the soggy conditions is not helping the wheat areas which is impacting the soybean crops...

    frontal masses are colliding right over the fields, and this is causing too much rain in certain areas while also not giving time to dry out, resulting in mold as has already been reported by some...
    Jul 24 11:33 AM | Likes Like |Link to Comment
  • Corn (CORN -3.9%) crumbles after the USDA estimates farmers planted 97.379M acres - the most since 1936 and far ahead of estimates for just 95.431M acres. The number of acres to be harvested, however, fell to 89.135M from 89.5M projected 2 weeks ago, and stocks of 2.764B bushels are below expectations of 2.845B. Bean (SOYB -0.5%) acreage is estimated at about an inline 77.28M acres - the most ever. DBA -1%[View news story]
    drought last year, and record planting this year, unfortunately fungus being seen bc of the excessive rain...also article showing wheat too wet to cut which delayed the cutting and pushed back the soybean planting...flower stage could get a chill given a late season,

    more risks to the upside in price than people are thinking, also farmers holding to higher prices given such low existing inventories from last year,
    Jul 23 07:13 PM | Likes Like |Link to Comment
  • Gold falls 1.3% to $1,588, the entirety of the decline coming in the minutes following the jobs report. In a little more than a day since a gold bull's dream - 3 major central banks loosening monetary policy and weak U.S. data giving at least a bit more impetus towards further Fed ease - the metal is off 2.1%. Silver is down 4.6% during the same time frame.  [View news story]
    come'on rummel! gold was at 1900 last august...so I can see where these call are coming from, but its pretty wimpy for you to whine about those call now...

    lets be realistic, nothing moves in a straight line, but some things can really move when the momentum gets behind it, look at natty now at $3 bucks, - so when people see the gold play again it will come back in full force....
    Jul 6 02:14 PM | 2 Likes Like |Link to Comment
  • Gold falls 1.3% to $1,588, the entirety of the decline coming in the minutes following the jobs report. In a little more than a day since a gold bull's dream - 3 major central banks loosening monetary policy and weak U.S. data giving at least a bit more impetus towards further Fed ease - the metal is off 2.1%. Silver is down 4.6% during the same time frame.  [View news story]
    good point. gold and silver have been on the downtrend for the last 6 months, those are the facts - yet, at some point it hits bottom and the investing story changes...

    easy for you to talk a historical chart, - tell me where it goes in the future requires you to take a side...

    we think that gold selling off when equities do can be an opportunity, as the moment gold gets its safe-haven status back the script is flipped....
    Jul 6 02:11 PM | Likes Like |Link to Comment
  • Gold falls 1.3% to $1,588, the entirety of the decline coming in the minutes following the jobs report. In a little more than a day since a gold bull's dream - 3 major central banks loosening monetary policy and weak U.S. data giving at least a bit more impetus towards further Fed ease - the metal is off 2.1%. Silver is down 4.6% during the same time frame.  [View news story]
    dave is correct. - I really think as bad as everything looks right now, this could be a HUGE month for gold and silver, it is just a perfect mix of events/factors....

    does everyone remember looking at charts and saying wow what happen that month where this-or-that skyrocketed, well we think it will be that kind of month for the PM's
    Jul 6 01:03 PM | Likes Like |Link to Comment
  • Gold falls 1.3% to $1,588, the entirety of the decline coming in the minutes following the jobs report. In a little more than a day since a gold bull's dream - 3 major central banks loosening monetary policy and weak U.S. data giving at least a bit more impetus towards further Fed ease - the metal is off 2.1%. Silver is down 4.6% during the same time frame.  [View news story]
    we think currencies have lost all credibility

    thus, gold and silver remain as our plays,
    Jul 6 12:52 PM | 3 Likes Like |Link to Comment
  • On the hour: Dow -1.38%. 10-yr +0.32%. Euro -0.86% vs. dollar. Crude -3.18% to $84.45. Gold -1.32% to $1588.15.  [View news story]
    the net is more down on foreign currencies than the up on dollar, this bodes well for gold and silver

    remember more gold and silver is traded in foreign currencies, so when you look at the net (foreign down to dollar up) the foreign is down more, making gold/silver more expensive
    Jul 6 12:04 PM | Likes Like |Link to Comment
  • Why Is Silver Losing Its Shine? [View article]
    fyi, now they are buying silver
    Jul 6 09:51 AM | 1 Like Like |Link to Comment
  • Gold can't hold onto gains despite monetary spigots opening everywhere, falling especially quickly following the timid move by the ECB, now -0.5% to $1,612.  [View news story]
    mega jump in gold/silver coming
    Jul 5 10:12 AM | 2 Likes Like |Link to Comment
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