Tuesday, October 17, 2006

Two Reasons Why Things Could Boom For Agriculture

Reason ONE: Grain prices have to go up. The Chart at right is historic commodity prices. That is a bottom if I ever saw one. And off a 25 year bear market, as long as I have been in this business. Prices have to be going up and a lot of factors are pointing that way.

Reason TWO: I can fill a bar full of farmers. For the last five years it has gotten harder to get farmers to come to promotional events. We use to fill a room or a bus (or a bar) easy. It got so bad last fall I had to cancel a couple of events just for lack of interest. I have 75 Farmers confirmed for an Invigor Canola event