Monday, January 3, 2011

Chart of the day is....

...soya, monthly.
There's no rain in Argentina, with the local agro guys now calling it a "limit situation" (for corn, too) and plenty of hopes pinned on bad weather that's due to drop water in the right place on Wednesday.

Telling you, if this were oil within 20% of its crazy 2008 peak you'd be hearing about it all over the place.