Bunge Reports Good numbers

https://www.reuters.com/business/bunge-reports-17-rise-fourt…

Drought in South America reduces production there firming up soybean prices in the export market. Bunge cyclical but in an up trend. Possibly also good times for ADM, John Deere, fertilizer companies, and other ag stocks.

Tysons reported outstanding earnings due to rising meat prices but govt asking questions about price fixing. Rising labor and feed costs and shipping costs have to be a factor but prices able to cover those cost increases.

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https://www.reuters.com/business/bunge-reports-17-rise-fourt…

Drought in South America reduces production there firming up soybean prices in the export market. Bunge cyclical but in an up trend. Possibly also good times for ADM, John Deere, fertilizer companies, and other ag stocks.

Tysons reported outstanding earnings due to rising meat prices but govt asking questions about price fixing. Rising labor and feed costs and shipping costs have to be a factor but prices able to cover those cost increases.

It’s been a good time for Ag. for a while now… According to my long time farmer friends we are about the mid point of the typical cycle…oh and you forgot to include banks located in farm states too.

Cyclicality is Biblical they say: seven years of feast followed by seven years of famine.

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Cyclicality is Biblical they say: seven years of feast followed by seven years of famine.

Actually they say around 4-5 year cycles