Cresud Sociedad An Message Board

More dry weather, and temperatures of more than 100 degrees Fahrenheit forecast for next two weeks:

http://www.bloomberg.com/news/2010-12-27/wheat-corn-soy-decline-after-china-raises-interest-rates-to-cool-prices.html

South America crop yield warnings:

http://www.bloomberg.com/news/2010-12-23/wheat-soybeans-advance-amid-tightening-u-s-grain-supplies-china-demand.html

And stock breakdown warnings:

http://www.nasdaq.com/asp/stock_consultant.asp?symbol=CRESY&selected=CRESY

A bumper yield last year and even with land sales the equity of the farming segment only increased a little.

I bet it will be a crash of China's economy in 2011 that sinks it, along with other stocks.

http://www.thestreet.com/story/10955366/1/5-reasons-china-will-crash-in-2011.html?puc=tsczacks&cm_ven=tsczacks

Just be careful. Try to squeeze what you can out of it before the dust hits the fan and china bites it.

The moisture condition in Argentina can be seen using the FYO site.

http://www.fyo.com/clima/Seglluvias.asp

You just have to sign up first.

Currently the majority of provinces have had insufficient rain the last two months.

The probability that the rain will catch up is shown in this window:

http://www.fyo.com/clima/Hidricas.asp

Currently the moisture deficiency of the Argentine properties are moderate to serious, with less than 25% chance the deficiency will be made up.

Heard today via CNBC that farmland in the States has gained 10% in the last quarter. Only 3 months-- Speaks volumes concerning our investment in Cresy.