1/4/2008 8:51:10 AM
futuresanalysts
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The meats are all feeling the affects of the grains bulling up so much. This pattern should continue until the Wheat, Corn and Beans come back to earth.
Less live stock farmers are willing to farm with feed prices being so expensive. The longer term effect is likely higher feedstock prices. (cost to feed is more, cost of animals goes up) Stay tuned for a volatile year in meats.
Oscar
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1/27/2008 7:55:25 PM
Ubreako
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no where to go but up on this topic. Is there such a thing as price controls in the US markets ? In Asia we have in place price controls for basic necessity items like cooking oil and chicken which actually distorts our inflation numbers ?
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1/29/2008 9:02:37 AM
platypus
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porkbellies potential break up above downward trendline and out of apex. Older trendline still above for confirmation though
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