In another 20 years, the Russians will own the wheat market. they have millions of acres available to farm but not enough farmers. Those South Africans will greatly enhance wheat production in Russia. Americans are lucky the southern most land available is in the same latitude as North Dakota so corn and soybeans would be tough to grow with the available rainfall. Wheat can be grown practically anywhere.
I bought some more phiz when the Comex hit $16.20.
The “reset” date seems to be getting closer. The last big bust in the 1930’s included tariffs and shrinking the money supply. When the full effects of the tariffs start and the interest rates start up, California and Illinois will fold like a cheap accordion. Every liberal bastion will come running to Washington with their hand out.
I don’t have a ripe tomato yet. The heat and storms caused the early blooms to fall off but I have several green ones now that will probably make it. BL&T on the menu soon.
I am working on some new projects. Will update you when I have them running.
rno