Tuesday, October 17, 2006

FLAX: Back to $8 a bushel

Posted is a Louis Dreyfus marketing article on Flax. While they don't see this years crop paying much, the writer points to prices for 2007 production regaining strength. The posted chart shows flax supply at historic highs the last two years. The post paints a picture of increasing use, dropping production and tightening supply. That's a formula for good prices.
Virden is the link to the article.

Snooping on grain buyer websites
I like to browse (ok snoop) grain buyer websites, just to see what's going on. (They are my competitors and I might gain a little inside info.). I find nice current news and articles on the Louis Dreyfus site.