Does this phrase sound familiar?

[Savina]

http://www.guardian.co.uk/business/feedarticle/7568779

Reuters, Friday June 6 2008 (Updates throughout with closing prices)
By Christine Stebbins
CHICAGO, June 6 (Reuters) - U.S. grains and oilseed futures markets caught fire on Friday, with corn notching an all-time high above $7 a bushel, caught in a frenzied broad-based commodity rally led by soaring crude oil, traders said.
Further boosting corn and soybean prices were worries about the young U.S. crops. Torrential rains pummeled the American heartland this week, increasing prospects for a yield drag on both.
"There are Noah's Ark-like conditions in the Midwest through next week," said Vic Lespinasse, analyst for grainanalyst.com.

Phrase sound familiar? :thinking

Luke 17:26 (New American Standard Bible)
New American Standard Bible (NASB)
Copyright © 1960, 1962, 1963, 1968, 1971, 1972, 1973, 1975, 1977, 1995 by The Lockman Foundation


26" And just as it happened in the days of Noah, so it will be also in the days of the Son of Man:

[Savina]

This should have been posted in: Prophecy & The End Times
Sorry,

[readynwaiting]

http://www.guardian.co.uk/business/feedarticle/7568779

Reuters, Friday June 6 2008 (Updates throughout with closing prices)
By Christine Stebbins
CHICAGO, June 6 (Reuters) - U.S. grains and oilseed futures markets caught fire on Friday, with corn notching an all-time high above $7 a bushel, caught in a frenzied broad-based commodity rally led by soaring crude oil, traders said.
Further boosting corn and soybean prices were worries about the young U.S. crops. Torrential rains pummeled the American heartland this week, increasing prospects for a yield drag on both.
"There are Noah's Ark-like conditions in the Midwest through next week," said Vic Lespinasse, analyst for grainanalyst.com.

Phrase sound familiar? :thinking

Luke 17:26 (New American Standard Bible)
New American Standard Bible (NASB)
Copyright © 1960, 1962, 1963, 1968, 1971, 1972, 1973, 1975, 1977, 1995 by The Lockman Foundation


26" And just as it happened in the days of Noah, so it will be also in the days of the Son of Man:

THANK YOU for posting this; regardless of where it should have been posted, I appreciate it!

Keep it coming!

[Issachar]

Savina, I don't where you are in Ohio, there are several of us on this board, but in NW Ohio, there are many, many fields not planted this year. I have lived mostly here since 1968 and totally since mid 1974 and have not seen this before. Last weekend I went to my granddaughters b-day party over by Cleveland. On the way there, along the turnpike, I noticed even more fields not planted. :idunno

I thought with grain prices being where they are that there would be crops in every field, to the edge. I am in no way a farmer, but it seems strange to me. There are plenty of crops in and mostly up and growing already; the usual wheat, corn and soy ... it's just noteworthy to me how many fields lie unused this year.

Issachar

[Glory]

Savina, I don't where you are in Ohio, there are several of us on this board, but in NW Ohio, there are many, many fields not planted this year. I have lived mostly here since 1968 and totally since mid 1974 and have not seen this before. Last weekend I went to my granddaughters b-day party over by Cleveland. On the way there, along the turnpike, I noticed even more fields not planted. :idunno

I thought with grain prices being where they are that there would be crops in every field, to the edge. I am in no way a farmer, but it seems strange to me. There are plenty of crops in and mostly up and growing already; the usual wheat, corn and soy ... it's just noteworthy to me how many fields lie unused this year.

Issachar

That doesn't sound good Issachar.:ohno

[jds6958]

Savina, I don't where you are in Ohio, there are several of us on this board, but in NW Ohio, there are many, many fields not planted this year. I have lived mostly here since 1968 and totally since mid 1974 and have not seen this before. Last weekend I went to my granddaughters b-day party over by Cleveland. On the way there, along the turnpike, I noticed even more fields not planted. :idunno

I thought with grain prices being where they are that there would be crops in every field, to the edge. I am in no way a farmer, but it seems strange to me. There are plenty of crops in and mostly up and growing already; the usual wheat, corn and soy ... it's just noteworthy to me how many fields lie unused this year.

Issachar

I was talking to some old timer farmers over the weekend. They had a lot to say. June 20th is when the soy beans should be planted. A lot of fields in our area are so wet that it is difficult to plow/plant, although they suspect that they will still be able to, but it will just be delayed, possibly resulting in a much lower yield. July 4th is when everything should be in otherwise the yield is at significant risk.

Then they started talking about biofuel and how big oil dumps grains in the ocean so that bio fuel is not competative. LOL, They lost me on that one but their other info was interesting...

[inhisglory2007]

Savina, I don't where you are in Ohio, there are several of us on this board, but in NW Ohio, there are many, many fields not planted this year. I have lived mostly here since 1968 and totally since mid 1974 and have not seen this before. Last weekend I went to my granddaughters b-day party over by Cleveland. On the way there, along the turnpike, I noticed even more fields not planted. :idunno

I thought with grain prices being where they are that there would be crops in every field, to the edge. I am in no way a farmer, but it seems strange to me. There are plenty of crops in and mostly up and growing already; the usual wheat, corn and soy ... it's just noteworthy to me how many fields lie unused this year.

Issachar

The issue might be that the price to transport the produce to the facilities that process them for commerical use is just too high a price for the farmer's there to grow the crops and ship it out. My job is dealing with shipping products out of our warehouse and the price of hauling is going through the roof. The are times it takes days to get a truck to haul freight to certain locations that we did on a weekly or even daily basis, and now when we can get a truck the price is hundreds if not over a thousand dollars more than it was a just few months ago. :fear
I don't know all the details of why the farmers are not growing, this is just one scenario I thought about.

Well. the above thread answered the question, but I would still expect the price from the crops to be higher at the store.