The sell off in corn is overdone, just like the sell off in poultry related stocks was overdone last year, when the shoe was on the other foot. Shares of PPC have skyrocketed in the first quarter of 2013, as predicted. But now it’s time to take the foot off that pedal and fix your sights on corn.
This great, big, fat nation lives on corn, especially of the syrup variety. Don’t let a little deflation get in the way of a bad corn crop. We are just months away from enduring horrifying locust attacks and droughts that will suck the land dry. I expect stocks like BWLD to top out soon, as corn prices begin to rise again, so will chicken wings.
Your play is very straightforward, mate. I will be buying shares of LNN, for its irrigation business. Moreover, I like BG, ANDE and maybe some MOS. But my favorite play is LNN, which has been wrongfully punished due to fears that lower corn prices would hurt their business.
Unbeknownst to the idiots playing with themselves and the money of their clients, LNN is not a play on corn, but a play on the inevitable depletion of the most precious of resources: water.
I will be buying it because idiots sold it. I will be selling it when the rivers run dry and your local bartender is making cocktails made from sand.
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Mate?
mate is equal to friendo in America.
Would you sell PPC now?
yes
Friendo?
Not interested in buying Teucrium Corn (CORN)?
beta is too low for me
NOW the market has reached it’s highs for the year!
lol
The mid-west is having unusually HIGH rain fall. Corn plantings in last week’s crop report were only 5% planted vs a normal 31%. Corn may well be headed a lot higher but at the moment it would appear to be due to excessive rainfall, not draught.
Yes I know what the weather is outside. Thank you very much.
NOW TELL ME WHAT THE WEATHER WILL BE LIKE IN TWO MONTHS, FRIENDO.
Warmer
It will be dry as a mofo & hot as a sumbitch.
I might have missed this but is friendo the new pal?
friendo is the new pal and mate is the new friendo.
Here is a good link for weekly drought updates.
http://droughtmonitor.unl.edu
Note that though the plains still are in serious drought this is significantly better than 3 months ago. East of KC was all still in drought a few months back and as you can see it is largely drought free now.
There is also TSCO, its like Home Depot for farmers…lol
LNN is a great idea!
19% of float short
VMI is their only competition.
Le Fly,
What do you make of this? http://www.zerohedge.com/news/2013-05-08/jp-morgan-has-zero-trading-losses-first-quarter
LNN nice winner last year…for the grandpas go MOO
Farmland up 21% in 2012. Up 150% in eight years.
Happy to sell mine to you.
LOLOLOL …. see ya at the auction!
No THAT is a true statement. Price per acre for ag land is skyrocketing everywhere. Doubled in a matter of 3 years here. Developers are being outbid by the farmers…….as it should be.
Not all ag land. Out here in cali the produceland is up for sure. But it is the CORNLAND that the hedgies love.
Cocktails made of sand fall in the see, eventually.
Fuck u for deleting my posts. U and your shitty stock market skills bitch
who let the trailer trash in?