On Wed, 11 Apr 2007 21:37:50 -0700, Jan Steinman wrote:
>> From: "Barry B. Bean" <bbbean@xxxxxxxxxxxxxx>
>>
>> On Tue, 10 Apr 2007 21:27:52 -0700, Jan Steinman wrote:
>>
>>>>
>>>> In other words, world grain production is NOT in decline, but is in
>>>> fact increasing. But not as fast as demand, thus a "relative"
>>>> decline exists.
>>
>> Please. You're equating a short term response to market forces to a
>> long term change in production capacity.
>So you disagree with the "six out of the past seven years" part in
>the references I supplied? That's how long the reserves have been
>falling, and that production has lagged demand. Sounds "long term" to
>me!
The references I cites, as well as the USDA and a variety of private analysts
assure me that world grain production is increasing. And 7 years is FAR from
long term, although the fact that you
believe that it is gives me an idea of your sense of proportion.
>Of course, if your definition of "long term" is the run-up over the
>past half-century,
That would come a lot closer.
>while fossil energy was incredibly cheap, then
>we'll just have to agree to disagree.
Maybe so. But please allow me to suggest you spend a little more time talking
to farmers and commodity traders and a little less time listening to people
several steps removed from commodity
production. You might learn something.
--
Barry B. Bean
Bean & Bean Cotton Company
Peach Orchard, MO
www.beancotton.com
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