afternoon...
wa.. now soya bean prices at record high
even wheat prices is picking up e bull run again
Originally posted by sbst275:wa.. now soya bean prices at record high
even wheat prices is picking up e bull run again
no end in sight to rising prices, huh?
people say we may be at the cusp of a great depression ..... ![]()
Originally posted by cassie:
no end in sight to rising prices, huh?
actually wheat prices has cooled alrdy... though current price range is not tat high as e recorded peak
but soya bean prices been going up like no end
Originally posted by Fatum:people say we may be at the cusp of a great depression .....
that means more pay hikes for the ministers and more fare hikes for the transport companies to help them deal with these difficult times ![]()
soy beans ... do they use it for bio fuel ? ...
Originally posted by Fatum:soy beans ... do they use it for bio fuel ? ...
yup
Originally posted by Fatum:soy beans ... do they use it for bio fuel ? ...
those farmers in Latin America keep on threatening to do tis and tat affects exports ma
i wonder how much of this price increase is caused by the speculation in oil?
they need to transport the stuff.. and the cost of transportation goes up, the farmers increase their prices...
as for the biofuel scam, you guys should read this insanity about "splash and dash" thing which disgusts the hell out of me.. they ship biofuel from the EU to the US, where a bit of petroleum is put in, allowing them subsidies in the US, then the stuff is shipped back to the EU and sold below the market rate...
my nose is dripping. .. . . ..
Originally posted by Ferret:my nose is dripping. .. . . ..
lack of dimsum? ![]()
Soy prices are going crazy because:
1. Very little carry over stock so demand will be high
2. Floods in the Mid-West wiped out soybean stocks and it is already too late for re-planting
3. Bio Fuels still mainly rely on corn but seeing that most corn crop was destroyed during the flood, likely they might use soybeans for biofuel
4. The shit going on in Argentina
5. Consumption in China has gone up so they are importing likek crazy
6. China no longer exporting their beans coupled with floods in their soybean growing area
With all these news, things will only be bullish
Looks like another exciting yr for me
Kakakkakaka
CURSEDDDDDDDDDDDDDDD ~~!!!!!!
CURSED FOR ALL TIME~!!!!!!!!
mad ferret
.....
...... century egg porridge ![]()
Originally posted by elindra:Soy prices are going crazy because:
1. Very little carry over stock so demand will be high
2. Floods in the Mid-West wiped out soybean stocks and it is already too late for re-planting
3. Bio Fuels still mainly rely on corn but seeing that most corn crop was destroyed during the flood, likely they might use soybeans for biofuel
4. The shit going on in Argentina
5. Consumption in China has gone up so they are importing likek crazy
6. China no longer exporting their beans coupled with floods in their soybean growing area
With all these news, things will only be bullish
Looks like another exciting yr for me
Kakakkakaka
more price hikes!! ![]()
chee chong fun.... ![]()
... har gau... ![]()
soon kuey.... ![]()
chicken feet
Originally posted by av98m:more price hikes!!
and the ERP will sneakily go up together too ! ... ![]()
hmm... ok going off le... maybe coming back in tonight
Originally posted by Fatum:and the ERP will sneakily go up together too ! ...
plus MORE new gantries!!
hey ..... anyone craving pork knuckles btw ? .... ![]()