The China scare

talks about them floating their currency against the USD. The real scare is that there is simply a GLUT of overstocked commodities in China....use any excuse you want, but the real problem is the supply/demand balance for commodities. Thought it was great to see how the boyz used beans as a weapon by jamming it up so they could dump/distribute corn!!! Amazing the tactics they use.....

I think Corn may be a good longer term play. Worldwide and in SE Asia the beef consumption is rising steeply too. I am long agriculture products in general. Islander.

I think Corn may be a good longer term play. Worldwide and in SE Asia the beef consumption is rising steeply too.

I am long agriculture products in general.

Islander.

Seems reasonable that there will be more demand down the road, but how hard is it to plant and harvest? Right now, supply is a plentiful.....

"The October World Agricultural Supply and Demand Estimates report projected that the 2009 U.S. corn crop would be 13.02 billion bushels. Combined with 1.67 billion bushels of beginning stocks and a small amount of imports, total U.S. corn supplies for the 2009-’10 marketing year were projected to be 14.70 billion bushels. If realized, this will be the largest amount of U.S. corn supplies on record."

Also, regarding China, found this interesting....if you build it, will they come?
China's building ghost towns

I believe corn is not so easy to grow and it needs a lot of water and pretty rich ground. so, not impossible, but not a slam dunk for just anywhere. most countries do not feed their animals corn, anyway, in part because it is expensive and not easy. the beef in a lot of places is trendy grain fed and not for the Kansas palatte.