Hoffy026

Hoffy026
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  • The USDA is expected to report tomorrow expected corn stockpiles at summer's end will be 37% below last year, and possibly the lowest level ever relative to usage. "There will be no relief for consumers until later this year," says an ag economist, and that's only if high prices (and good weather) lead to a bumper crop. MOS -7% in the past month? What gives?   [View news story]
    MOS has to be a buy, unless i'm missing something (wouldn't be the first time). Fundamentally i see this: 1.Largest prospective corn acreage planting since 1937. 2. Near record high soy prices driving unused farm land into bean acres. 3. MOS made more money on MAR 1 than all of january. 4. 52 week low is around $44, only technicals pushing it down as of recent....what am I missing?
    Apr 9, 2012. 04:50 PM | 2 Likes Like |Link to Comment
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