Commodity Prices Face Meltdown
Recent price declines in the commodities sector are only just the tip of the iceberg. Over the coming weeks and months the entire complex faces "meltdown" with crude going to USD90/barrel and everything else going with it.
CBOT wheat $2/bushel lower than current levels. Australian wheat A$35-40 lower than current levels "not a problem at all."
Where on earth did I get all that from? Erm, would you believe Cargill's website?
You will need to be quick before this story disappears off the page:
Nurse!
Click the headline timed at 4.13EDT if it's still there. If it's disappeared off the bottom of the page then try here:
Parachutes & Tin Hats All Round
CBOT wheat $2/bushel lower than current levels. Australian wheat A$35-40 lower than current levels "not a problem at all."
Where on earth did I get all that from? Erm, would you believe Cargill's website?
You will need to be quick before this story disappears off the page:
Nurse!
Click the headline timed at 4.13EDT if it's still there. If it's disappeared off the bottom of the page then try here:
Parachutes & Tin Hats All Round