Weak US cattle data put herd rebuild 'years away'.

Discussion in 'Commodity Futures' started by kanellop, Jul 24, 2012.

  1. kanellop


  2. hey George, I'm one of the few people in the world who likes the fact that CPI is ex food, because I don't want the fed to think they are fixing inflation when all they are doing is trying to fix rain. Beef must go sky high in the stores, but not neccessarily live cattle, we'll just have to keep our eye on south america exports.
  3. kanellop


    Hello Again, oldtime.

    By my side,

    i want to tell you,

    that i totally disagree to do not exist into CPI,

    the Food Prices.

    It is another very dirty trick from the Central Bankers and Politicians to befool People.

    The Food Prices have tremendous importancy in the Economy of a Family or an Individual Person.

    Now, i want to tell you,

    that i do not watch very close the South America Exports...

    My mind this period are,

    in some other things.

    I watch very closely some tremendous Rare Informations that exist,

    a) here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=246483 .

    Here these are:

    1) The drought has also destroyed pastures,

    which could mean high prices for meat and dairy products.

    2) According to Glauber,

    about two-thirds of the hay area was in drought and 73 percent of cattle were located in areas experiencing the dry spell.

    b) here: http://www.elitetrader.com/vb/showthread.php?s=&threadid=246481 .

    Here these are:

    1) Latest data, which will be upgraded later on Monday, showed just 18% of US pasture in "good" or "excellent" condition, down from 46% last year.

    That tremendous Rare Informations meaning something.

    That the U.S.A Animal Population must feed with Fooder or to go for Slaughtering.

    The Slaughtering in very big Quantities,

    it is not possible to exist,

    because the U.S.A Government,

    and the "Alan Greenspan" of USDA,

    Joseph Glauber,

    never will allow that.

    They are not stupids for to allow that.

    They are very clever and ingenious People,

    because knows the importancy of the U.S.A Animal Population.

    That means that will need Quantities of Fooder.

    But from where will exist them ?

    That is a very important Case.

    Now, i watch a little the Russia Spring Wheat Situation.

    Seems that there have troubles with that Crop.

    It is not so big as expected.

    Also, i watch the Monsoon above the India Wheat Regions.

    Seems, that exist a lack of Rain there the recent time period.

    Kind Regards,

    George Kanellopoulos.