Cornmeal Politics: Grain Market Comments

If we can assist your operations with a grain market supply/demand inquiry, please contact:

Edgar Hicks

402.884.0066 x111

Market Comments covers weekly developments from Wed. to Tues.

Market Comments: 2/23/11
Cornmeal Politics

Morton Sosland, the publisher of our favorite food publication Milling & Baking News, writes a reflective column that he calls "Peregrination". This is our "Peregrination" for the week.

45 years-ago there was a Continental Grain Company meeting in Tarrytown, NY. One of the senior export merchants claimed his job was to prevent wars. Today's public may view food as a tertiary reason for the current upheaval in the Middle East. However, with oil again at $100, commodity prices will be making "risk management" a daily necessity just to maintain basic sustenance levels. Current events will test how proficient those of us in the mercantile "craft" really are.

Learn More: "Behind Lybia: rising food prices and US debt"

We believe positions are unique to each person's risk bearing ability, marketing strategy and crop conditions, therefore we give no blanket recommendations. The risk of loss in trading commodities can be substantial, therefore carefully consider whether such trading is suitable for you in light of your financial condition.