Wednesday, July 15, 2009

The Agriculture Economy Is In Crisis

This story from Monday's NewsHour with Jim Lehrer highlights exactly what we said would happen in our latest update on Potash and the agriculture business. The exact same market dynamics, pricing dynamics and the exact same economic outcomes that we discussed.

Contrary to the Wall Street and commodities bulls who have been and continue to pump agricultural commodities, agriculture stocks, agriculture trading firms and fertilizer companies, market-based reality doesn't jive with Wall Street's expectations. The agriculture business is extremely unstable right now and we are likely to see substantial business failures and a profits implosion. Click here to be taken to the text or video of the story.
posted by TimingLogic at 11:18 AM