Click to enlarge (the chart is larger than normal).
Planting a few ideas...
Displaying the data in an easy to digest format...
Getting to the root of the problem...
Stalking the long-term trend like a rabid gopher...
Sticking a fork in it...
Serving the hyperinflationists on a silver platter...
Grilling the conspiracy theorists...
I sure hope you like puns. If not, this post is a complete turkey.
November 26, 2014
High Turkey Prices: Don't Blame Ethanol
“The low-priced feed is just coming in now,” Alexander told the Chicago Tribune earlier this month. “By next year, we’ll be looking at lower turkey prices.”
Cheaper turkeys seem baked in. Cornish game hens too? We'll certainly be well Fed! What might it mean?
We may continue razing long-term interest rates over the long-term! Hurray!
Just be very careful how you invest, or you might get Roger'd or Schiff'd.
August 28, 2013
Big Picture Agriculture: Remarkable Graphs of Corn & Soybean Profitability
If we were dealing with a commodity that feeds the world’s growing populations, like Jim Rogers always tells investors, the price of corn would go up because of natural, growing demand. Instead, we’ve had overproduction of corn for decades on end, and it feeds agribusiness, not the world’s growing populations.
August 3, 2011
Avoid Disaster, Get Out of U.S. Assets: Peter Schiff
Additionally, Schiff's inflationary outlook supports owning oil, agricultural commodities and industrial metals. "If the global economy is doing well, commodities are going to rise. There are a lot of commodity shortages and they will do well because governments will continue to create inflation. They're going to keep on printing money, so commodities will rise."
Yeah, only the United States is a disaster. The rest of the world is doing so much better. Can you hear my eyes sarcastically rolling around in their sockets? Lend me your ears!
I am often disappointed in my fellow permabears. As you can probably imagine, this is one of those times. Sigh.
Where Is the Cornpocalypse?
St. Louis Fed: Export (End Use): Corn