Of all the stupid things we do, one of the most dangerous is this ethanol nonsense, in which we gleefully burn up our food supplies. For very little in the way of environmental impact I might add.
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Meanwhile, at the Hall of Unintended Consequences…
While endlessly low rates have failed to produce anything even resembling jobs growth or housing recovery, our new unintended consequence seems to be a higher tab for our daily bread (and coffee and vegetables and dairy and beef, etc).
WSJ: Green Acres is the Place to Be
Surging economies are bringing the farm economy back to life, even as the rest of the US struggles.
Cream of Corn
Farmer Brown here again. October is off to a brutal start for the farm commodities. Yesterday all of the agriculture contracts sold off hard after a blistering September rally – on average the soft commodities were down 2.8% on the session. But nothing compares to Friday’s drop in corn prices. The December 2011 Corn contract…
Ag Plays – The Beans or the Business?
There are three basic ways for most investors to play a potential Agriculture Boom, two of them being the most facile.
July Non-Farm Payroll Report Makes You Wish You Worked On A Farm
Pitchforks on backorder.
Makin' Hay
Light posting today.
Citi Cuts Agriculture Chem Names
Farmer Brown here… Just a quick follow-up to my Monsanto piece from last week. We discussed the fact that analysts are getting antsy about seeing through the valley on the farm stocks. Today, Citigroup spit the bit on two big agriculture names. Mosaic (MOS) and Potash (POT) were both cut to hold from buy at Citi following…