The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
AgWeb Editor Greg Vincent takes a big-picture look at agriculture and current events.
I keep expecting Obama to announce that Europe is too big to fail therefore we need to bail them out. The Republicans wouldn't have the balls to stop him because they are afraid of the media. Political gridlock is a good thing - keeps the politicians from messing things up worse than they already have.
Have you ever noticed throughout the last 30 years their is always a perfect storm to drop commodity prices. Its a little sick. Exports of filet mignon might be down but not corn and wheat and soybeans sorrryyy. When will the markets ever learn. Pulling the wool ovr the eyes of the producer is worse than any other factor influencing prices. Any country that wants cheap exports can claim failing economy now and get grains 30-50 cents cheaper. Were letting too many poor souls dictate our price. Lets take grains off futures and set prices at above average prices before the system ruins the whole country. We all know what traders did to stocks and such and wiped out a lot of people 401s, now they want more?? If we havent got the technology to stop an oil leak we better get out of the business.