Stag the Corn Monster driving American families out of cattle and other critter businesses after generations
"The Latin American market, particularly Brazil, started the year at a record pace and we have a strong order book well into the second quarter. Buyers remain optimistic about strong global demand for crops grown in this region and are striving to spread large import volumes more evenly through the calendar year to help alleviate pressure on port and distribution infrastructure. For 2013, we forecast demand at or above record levels, with total shipments to Latin America anticipated to exceed 10 million tonnes."
What a setup. Brazil has excess sugar beyond all hope of selling. So they are pulling out all the stops to export ethanol. Lower price and extra RINS.
At the same time vast amounts of land have been put into production and much of it to corn.
As American farmers react to Obama's corruption plow under extremely marginal buffer grass lands and forego proper crop rotation for Vegas (Progressive Corruption) corn prices. I have no idea what it means but would take note of drought and then flood and ponder. Our farmers should be focusing on efficiency given all the competition this corruption has raised from the earth.
It is a bubble and Progressives love bubbles until they pop which they always do as irrational processes cannot be sustained in time. Some how I am sure it will be Bush's fault as he signed the law so not to worry.
Changing topics again because you have been shamefully caught as to your certain comment about 3.08. That you have shamefully backed this team without looking at both sides as all investors should do. LINE is fine and this wouldn't of been such a surprise to you if you had actually looked at both sides. But now you are in full panic mode like you were when Ob's got reelected. Everyone needs to change allocations right now. This is why a lot of us went to LNCO for our investment priorty.